Thursday, April 6, 2023

Chicken processors settle price-fixing case

Fourteen chicken-processing companies are paying more than $35 million to settle a price-fixing case brought by Washington State.


Five companies have not yet settled.


The state attorney general said he is developing a plan to distribute the money to those affected by the alleged price-fixing.


He estimates seven million consumers were impacted.


The 14 resolutions include:


•Pilgrim’s Pride Corp. for $11 million;
•Tyson Foods for $10.5 million;
•Perdue Farms, Inc. for $6.5 million;
•Koch Foods Inc. for $1.4 million;
•Peco Foods, Inc. for $800,000;
•Mountaire Farms, Inc. for $775,000;
•George’s, Inc. for $750,000;
•Mar Jac Poultry for $725,000;
•Amick Farms, LLC for $600,000;
•Fieldale Farms Corp. For $475,000;
•Simmons Foods, Inc. for $425,000;
•Case Foods, Inc. for $395,000;
•O.K. Foods, Inc. for $375,000; and

•Harrison Poultry, Inc. for $290,000


Foster Farms, Sanderson Farms, Wayne Farms, House of Raeford Farms, and Norman W. Fries, Inc. (Claxton Poultry Farms, Inc) are the remaining chicken producers facing trial in October 2024.


Alaska and New Mexico have filed similar antitrust cases aainst national chicken processors.