Packer

An unprecedented meeting held in May among major cattle industry representatives, typically at odds, has produced plans for change and calls for answers from U.S. lawmakers. Keep up with the latest on this page.

While Tyson’s lawyers were filing a lawsuit on Monday against one of the packer’s largest cattle suppliers, the ink was still drying on the sale of one of that supplier’s feedlots to one of Tyson’s competitors.

Claiming losses of “more than $200 million” in connection with “200,000 cattle that did not exist,” Tyson asks for a court-appointed receiver to takeover Easterday Ranches in Washington state.

Tyson Foods has agreed to pay a settlement of $221.5 million in the broiler chicken antitrust civil price-fixing lawsuit, according to filings Tuesday in federal court in Chicago.

Tyson Foods Inc said on Wednesday it had fired seven managers at an Iowa pork plant after investigating allegations that they took bets on how many employees would catch COVID-19.

The antitrust class-action lawsuit alleging America’s largest beef packers conspired to fix cattle prices has been dismissed by a federal judge in Minnesota.