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Tyson Foods and Perdue Farms agreed to pay nearly $35 million to settle a lawsuit by Alabama chicken farmers, without admitting wrongdoing. The suit accuses major poultry companies of colluding to fix grower pay, and the case continues against other producers.
The settlement is a legal development with little direct effect on near-term feed or chicken supply and demand. It could affect grower economics over time.
marketwatch.comAssociated PressSep 3, 2021Not 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.
