Class-action lawsuit alleges “Big Four” beef packers conspired to fix cattle prices

Agreements in restraint of trade?

The plaintiffs, a group of feedlot operators, say companies like JBS and Tyson Foods illegally plotted to use various means—including strategic plant closures—to force desperate ranchers into selling their animals more cheaply.

A new lawsuit accuses the “Big Four” beef packers of conspiring to fix cattle prices