WebJul 11, 2024 · Similar price-fixing lawsuits are also pending in the pork and chicken processing businesses. The Sysco Corp. lawsuit said the companies' coordinated efforts to limit the number of cattle slaughtered drove down the price meat processors paid ranchers while propping up beef prices, boosting profits for the meat producers, who control more … WebApr 14, 2024 · Beef. The market is at a stalemate, as cautious buyers continue buying hand to mouth; therefore, limiting large price increases. Rib and Strip pricing remain mostly steady, and availability continues to concern buyers and keep business limited. Seasonal demand is moving tenderloins and briskets higher Chucks and rounds are steady.
Sysco accuses four meat processors of beef price fixing
Web2 days ago · Litigation funder Burford sues Sysco over $140 mln antitrust investment. Turkey producers lose bid to toss antitrust case. Chicken price-fixing litigation yields $57.4 mln in fees for plaintiffs ... WebJul 8, 2024 · Sysco recently filed a federal lawsuit in Texas accusing Tyson Foods, JBS, Cargill and National Beef of price fixing. The lawsuit said those companies have conspired to suppress the number... readonlyset
Sysco accuses 4 largest beef processors of price fixing - KARE
WebJul 11, 2024 · HOUSTON, TEXAS – Wholesale restaurant food distributor Sysco Corp. filed a lawsuit against the world’s largest meat processors, claiming they colluded to fix beef … WebApr 12, 2024 · Other meat industry antitrust cases have been filed over beef, turkey and chicken prices. ... Litigation funder Burford sues Sysco over $140 mln antitrust investment. Turkey producers lose bid to toss antitrust case. Chicken price-fixing litigation yields $57.4 mln in fees for plaintiffs’ firms. Plaintiffs’ lawyers in pork price-fixing case ... WebJul 7, 2024 · Sysco recently filed a federal lawsuit in Texas accusing Tyson Foods, JBS, Cargill and National Beef of price fixing PUBLISHED ON July 7, 2024 The lawsuit said companies have conspired to suppress the number of cattle being slaughtered at least since 2015 to help drive up the price of beef. how to sync tempurpedic ergo remote