Three turkey processors agreed to pay $5 million to settle a price-fixing lawsuit.
Cargill will pay $4 million and Cooper Farms and Farbest Foods will each pay $562,500
Other processors named in the lawsuit will pay nothing. They are Butterball, Foster Farms, Hormel, Jennie-O Turkey Store, House of Raeford, Perdue, and Prestage. Also named was industry benchmarking service Agri Stats Inc.
Other processors named in the lawsuit will pay nothing. They are Butterball, Foster Farms, Hormel, Jennie-O Turkey Store, House of Raeford, Perdue, and Prestage. Also named was industry benchmarking service Agri Stats Inc.
