JBS

Agricultural data firm Agri Stats has agreed to settle a federal antitrust class-action lawsuit accusing it of helping major U.S. meat processors suppress worker wages by sharing confidential compensation data.

JBS is closing down its Swift Beef Company facility in Riverside, CA, on February 2, which will eliminate 374 jobs.

Tyson Foods and Cargill will pay a combined $87.5 million in a settlement reached with the Consumer Indirect Purchaser plaintiffs in a beef price-fixing lawsuit that began in 2019.

A JBS meat-processing plant in Arizona has been fined for worker-safety violations after an employee died there last year.  Police found a worker unresponsive next to a forklift on November 20th at JBS Tolleson.   A report by the Arizona Division of Occupational Safety and Health (ADOSH) released Thursday said the worker stepped off his forklift to load a feed hopper when another driver on a trac

The nation's largest meatpacking company, JBS USA Food Company, will pay $4 million as part of a settlement with the U.S. Department of Labor, in connection with the company's use of child labor at meatpacking plants across the country.  DOL said last week the funds would be used to "prevent illegal child labor" and support victims of child labor nationwide while prioritizing those effor

The National Farmers Union, R-CALF USA, and four fed cattle producers who filed a class-action antitrust lawsuit against JBS, Tyson, Cargill, and National Beef filed a motion looking for preliminary approval of a settlement.   The motion was filed in a U.S. D...

McDonald’s has filed a lawsuit against Tyson Foods, JBS, and other major meat packing companies.  The fast food chain is accusing the packers of colluding for years to limit beef supplies.  The suit says that the collusion allowed the companies to boost their profits while forcing McDonald’s to pay inflated prices for their meat supplies.  McDonald’s says the...

The four CEOs of Cargill, Tyson Foods, JBS, and National Beef Packing have agreed to testify before Congress. Reuters said the meatpacker bosses will discuss cattle markets and price increases for consumers. House Ag Committee Chair David Scott says it’s important to find out why prices have dropped for ranchers and risen for consumers. ...

The National Cattlemen’s Beef Association is upset with a court settlement reached by JBS as part of a class-action lawsuit against the four biggest meatpackers in the U.S. DTN said the court case and the $52.5 million settlement involves price-fixing and the four meatpackers constraining the fed cattle supply. The ...

Leading grocery store operators ended 2021 with a lawsuit against the pork industry for allegedly conspiring to control the industry and raise prices. Kroger, Albertsons, Hy-Vee and others filed the lawsuit against Hormel, JBS USA, Seaboard Foods, Smithfield, Triumph and Tyson, among others last week ...