U.S. Indicts Four Chicken Executives, Alleges Price Fixing

Federal authorities have indicted four officials from two chicken companies for allegedly fixing prices and rigging bids for broiler chickens across the United States.

The four executives include Jayson Penn, the president and CEO of Pilgrim’s Pride Corp, which is mostly owned by JBS USA Inc.
The four executives include Jayson Penn, the president and CEO of Pilgrim’s Pride Corp, which is mostly owned by JBS USA Inc.
(Bloomberg)

Federal authorities have indicted four officials from two chicken companies for allegedly fixing prices and rigging bids for broiler chickens across the United States, the U.S. Department of Justice said in a statement on Wednesday.

The four executives include Jayson Penn, the president and CEO of Pilgrim’s Pride Corp, which is mostly owned by JBS USA Inc, as well as another executive at the Colorado chicken supplier, according to the statement. Two executives from a Georgia broiler chicken producer were also indicted.

<

AgWeb-Logo crop
Related Stories
Did this week’s disappointment regarding the China summit top the grain markets for the year?
Using crop diversity, conservation tillage and a contract-first mindset, the Ruddenklau family works to keep their operation moving forward.
Two Midwest growers say increased competition between corn and soybeans for acres could help rebalance supplies and provide a financial boost.
Read Next
As producers navigate financial strain and D.C. disconnect, realities such as steep input costs, trade frustrations and E15 limbo are becoming decisive factors shaping the rural vote.
Get News Daily
Get Market Alerts
Get News & Markets App