Posts tagged cargill
Ranchers Group Sues Packers for Conspiracy to Decrease Cattle Prices

On Tuesday, several Midwestern feedlot owners along with the Ranchers-Cattlemen Action Legal Fund (R-CALF) filed a class-action lawsuit alleging that dominant meatpackers conspired to depress cattle prices starting in 2015. The case argues that JBS, Tyson, Cargill, and National Beef strategically cut back on open market cattle bids, closed plants, and imported costly foreign cattle in order to force farmers to accept lower prices and manipulate spot market cattle values.

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The Rise of Big Chocolate

It’s an industry that’s largely invisible to consumers, yet central to feeding the world’s sweet tooth. Cocoa processing — the process of turning raw cocoa beans into powder, liquor, and butter — is a major step in creating the candy bars and truffles that line store shelves. And thanks to a recent pair of recent business deals, it’s an industry that may never be the same.

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