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A class action lawsuit filed by food distributors alleges that broiler chicken producers conspired to fix prices. Tyson disclosed a subpoena from the SEC related to the investigation, and Tyson's CEO has denied the allegations.
Price-fixing allegations and government probes create uncertainty about broiler pricing, but do not directly change supply, so the immediate feed or chicken price impact is limited.
nbcnews.comBen PopkenFeb 17, 2017Not 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.
