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Tyson Foods has agreed to pay $48 million to settle a class action brought by U.S. food service companies that accused the meat industry giant of conspiring to restrict the supply of pork and fix prices. The proposed settlement was filed on Tuesday in the federal court in Minnesota and requires approval by U.S. District Judge John Tunheim.
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“Cattle finally ran into a round of profit-taking yesterday, and prices closed sharply weaker ahead of today’s cattle on feed report,” the Hig…
The Hightower Report said, “Live cattle closed slightly weaker yesterday, but feeders dropped nearly $4 as rumors flew the USDA had set a date…
“The cattle market opened higher yesterday, following the neutral cattle on feed report Friday, but finished weak and near the lows of the day…
Austin Schroeder at Barchart.com said, “USDA’s Cattle on Feed report from Friday showed March Placements down 7.67% from a year ago at 1.709 m…
According to a USDA press release, “Today, U.S. Secretary of Agriculture Brooke L. Rollins and Lieutenant General William H. “Butch” Graham, U…
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