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The lowest U.S. cattle inventories since the 1950s have propelled beef prices to all-time highs in recent months.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
Abdulrazak al-Jenan swept the dust off his solar panel on his apartment roof overlooking Damascus. Syria’s largest city was ...
Montana cattle producers could receive compensation in a landmark US beef price-fixing lawsuit, promising a potential breakthrough in justice.
"JBS reaches settlement over beef price-fixing allegations" was originally created and published by Just Food, a GlobalData owned brand.
JBS and its US subsidiaries have agreed to pay $83.5m to settle claims that it conspired to fix beef prices in the US.
The company is "alleging a price fixing scheme for beef specifically" and has filed a federal complaint in New York that "accused the companies of anticompetitive measures such as collectively ...
McDonald's has filed a lawsuit against the nation's largest meat packers—Tyson, JBS, Cargill, and National Beef—accusing them of conspiring to fix beef prices by limiting supply to inflate costs.
McDonald's filed a lawsuit against multiple meat companies over allegations they engaged in a price-fixing scheme for beef specifically the last nine years.
In 2022, for example, JBS agreed to a $52.5 million settlement in a similar beef price-fixing lawsuit. And Tyson agreed to pay $221.5 million back in 2021, after facing class-action claims that ...