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On Monday, a case initially filed on June 3 was transferred from the District of Minnesota to a multi-district case in the Eastern District of Missouri. The class action complaint was filed by JSB Farms, LLC (JSB) on behalf of themselves and all others similarly situated. Theyalleged that Bayer, BASF, Syngenta, and others violated antitrust and unfair competition laws through their influence on the market for crop inputs, which includes seeds and chemicals like herbicides and insecticides. JSB is joining over two dozen other plaintiffs in the larger case.
The past few years have seen a rise in the costs of crop inputs, the underlying complaint said. The rising costs have been noted to increase at a “significantly faster rate than profits from farmers’ crop yields.” This has resulted in farmers using a disproportionate amount of their income on crop inputs, placing them at the “least profitable level of the American food supply chain.�
Farmers file antitrust lawsuit against big ag companies April 5, 2021 at 4:19 pm
BOISE, Idaho (AP) A group of farmers has filed an antitrust case against several big agricultural companies, contending the companies worked together to ban e-commerce sales in order to keep prices artificially high.
The farmers are seeking class-action status and they want a judge to force the companies to give up “unlawful profits” and pay compensation to those impacted by the high prices.
The Idaho farming operations B & H Farming, Tyche Ag. LLC, Ceres Ag. LLC and Cedar Draw LLC, all based in Rupert filed the lawsuit seeking class-action status on behalf of all farmers in similar situations in Idaho’s U.S. District Court last month. The lawsuit is similar to other federal lawsuits filed around the country.
Idaho farmers file antitrust lawsuit against big ag companies
Rebecca Boone, Associated Press
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BOISE (AP) A group of farmers has filed an antitrust case against several big agricultural companies, contending the companies worked together to ban e-commerce sales in order to keep prices artificially high.
The farmers are seeking class-action status and they want a judge to force the companies to give up “unlawful profits” and pay compensation to those impacted by the high prices.
The Idaho farming operations B & H Farming, Tyche Ag. LLC, Ceres Ag. LLC and Cedar Draw LLC, all based in Rupert filed the lawsuit seeking class-action status on behalf of all farmers in similar situations in Idaho’s U.S. District Court last month. The lawsuit is similar to other federal lawsuits filed around the country.
Farmers file antitrust lawsuit against big ag companies
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