Monday, February 3, 2025

Cargill settles turkey price-fixing

A federal judge granted preliminary approval for a $32 million settlement between Cargill and a class of turkey buyers in an antitrust lawsuit.

The settlement still needs final approval from a board, but the agreement would bring the total recovery for the buyers to $37.1 million, following a $4.6 million settlement with Tyson Foods in 2021.


Cargill also agreed to provide cooperation to aid DPPs in their ongoing claims against non-settling defendants.