Today, Dane County Executive Joe Parisi signed the 2023 County Budget: Opportunity Out of Adversity. The $853 million dollar spending plan works to prioritize l
Ag Briefs: Tyson Settles Anti-trust Case For $221.5M
Wisconsin State Farmer
Tyson Settles Anti-trust Case For $221.5M
A filing with the Securities and Exchange Commission reveals Tyson Foods has agreed to pay $221.5M in a settlement in the broiler chicken antitrust civil price-fixing lawsuit against the company. The settlement will be reflected in the company’s first-quarter financial statement.
According to a Farm Journal report, the agreement allows Tyson to exit the price-fixing lawsuits filed against it and other poultry companies filed by customers and consumers. The settlement comes after Pilgrim’s Pride Corp., Greeley, Colo., agreed to pay $75M in a settlement on Jan. 11. JBS USA is the majority shareholder of Pilgrim’s Pride.