Tag: Commodity Exchange Act

Cattle Ranchers File Class Action Against Meatpackers

April 29, 2019 by

A cattle ranchers’ trade association filed a class action in federal court in Illinois accusing meatpackers including industry powerhouses Tyson, JBS SA, Cargill and National Beef Packing Co. of conspiring to keep down cattle prices. The complaint alleges the meatpackers are seeking to push the cattle industry toward the level of consolidation already seen in