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Pilgrim s Pride pleads guilty to chicken price-fixing charge, to pay US$107 9 million fine

Pilgrim s Pride pleads guilty to chicken price-fixing charge, to pay US$107 9 million fine
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Pilgrim s Pride pleads guilty to chicken price-fixing charge, to pay $107 9 million fine | WSAU News/Talk 550 AM · 99 9 FM

By Jonathan Stempel (Reuters) - Pilgrim's Pride Corp, one of the largest U.S. poultry producers, pleaded guilty and was sentenced to pay a $107.9 mill.

Ag Briefs: Tyson Settles Anti-trust Case For $221 5M

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.

JBS USA, Pilgrim s Pride offer $100 to employees who get COVID-19 vaccine

CHICAGO, Jan 21 (Reuters) - U.S. meatpacker JBS USA and chicken company Pilgrim's Pride Corp said on Thursday they will pay $100 to U.S. employees who receive a COVID-19 vaccine. The bonus is intended to encourage employees to be inoculated, after thousands of U.S. meatpacking workers became infected with the new coronavirus last year. JBS USA is the U.S. arm of Brazilian meatpacker JBS SA and Pilgrim's Pride is mostly owned by JBS SA. (Reporting by Tom Polansek Editing by Chizu Nomiyama)

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