Thursday, December 11, 2025

Tyson, Cargill ready to pay for beef price-fixing


 Tyson Foods and Cargill have told a federal judge in the District of Columbia that they are ready to settle a lawsuit for beef consumers who filed a class-action lawsuit alleging price-fixing.


Up to 36 million Americans could be in line for a share of the settlement but will need proof of their beef purchases.


Tyson has offered $55 million and Cargill $32.5 million; in Canadian currency, that’s a total of $121.15 million.


The judge has given preliminary approval to the deal, but the final decision has yet to be issued.