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Winn-Dixie and a sister company sued Tyson Foods, Perdue Farms and Koch Foods, alleging destruction of breeder hens and eggs to limit supply and lift chicken prices about 50% since 2008. A federal judge earlier refused to dismiss a similar suit.
Ongoing price-fixing litigation adds legal pressure on broiler processors but has little direct effect on feed grain or meal demand in the near term.
businessrecord.comBPC StaffJan 16, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
