Thursday, May 23, 2024

Tyson, Perdue to pay $35M to settle with chicken farmers

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The Associated Press

OMAHA, Neb. — Two of the industry’s biggest poultry companies have agreed to pay nearly $35 million to settle a lawsuit that accused them and several other firms of conspiring to dominate the industry and fix the prices paid to farmers who raise the chickens.

Tyson Foods and Perdue Farms agreed to the settlements in late August without admitting any wrongdoing while the lawsuit remains pending against several other industry giants, including Pilgrim’s Pride, Koch Foods and Sanderson Farms.

The lawsuit that Alabama farmers filed in Oklahoma federal court alleges that the contract grower. . .

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