Ben Styer elected Wisconsin FFA president for 2021-22
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Benjamin Styer of Menomonee FFA leads 2021-2022 Wisconsin FFA state officer team
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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.