Last month, George's Inc., one of the nation's largest vertically integrated chicken producers, announced it was shutting down one of its plants in Campbell County, Tennessee.
The U.N. Food and Agricultural Organization's index for chicken meat prices in June reached its highest level since the series was introduced in 1990, Poultry World reported last week.
"Today's action puts companies and individuals on notice: the Antitrust Division will use all of its available legal authorities to address anticompetitive conduct that harms consumers, workers, farmers and other American producers," Mekki said.
Will need a Bank loan to afford a piece of chicken after they get through. The Justice Department is expected to file a lawsuit against some of the largest poultry producers in the country.
The consent decree would address claims that Sanderson Farms and Wayne Farms have been unfairly treating chicken farmers.
It would prevent the two companies from reducing base payments made to chicken growers, which allegedly was done as a means of punishing underperformers.
The DOJ lawsuit comes after the department lost a case this month in which it claimed five chicken companies were involved in price-fixing, according to the outlet.
https://thefederalistpapers.org/us/feds-suing-americas-biggest-chicken-companies-suit-nothing-food
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