Western South Dakota's Only Ranch Station

Federal court denies motion to dismiss cattle antitrust cases

MINNEAPOLIS, MN – The Federal District Court for the District of Minnesota has issued an order substantially denying the motion by the nation’s four largest beef packers (Defendants) to dismiss the class-action antitrust lawsuit originally filed in April 2019 by R-CALF USA through its counsels Scott & Scott Attorneys at Law LLP, along with Cafferty Clobes Meriwether & Sprengel LLP.

1890 Puck political cartoon. A monopoly of corporate interests led to the Sherman Antitrust Act.  (Wikipedia)

In Tuesday’s, Sept. 14 ruling, Judge John R. Tunheim found that Plaintiffs (including R-CALF USA) have plausibly plead that Defendants conspired to suppress the price of fed cattle and increase the price of beef.

R-CALF USA’s antitrust action alleges the “Big 4” (Cargill, Tyson Foods, Inc., JBS, SA and National Beef Packing Co.) violated the Sherman Antitrust Act of 1890 by engaging in a price-fixing conspiracy. It also alleges the Big 4 violated the Packers and Stockyards Act as well as the Commodity Exchange Act.

As a result of Tuesday’s order, the cattle antitrust case will now proceed to discovery so that Plaintiffs may test their claims. A public version of the order will be available at a later date.

People are also reading...

Among trailblazers of women in rodeo are these National Cowgirl Museum & Hall of Fame inductees who paved the way for female ropers. Photo Visit Fort Worth

Weather

loader-image
Rapid City, US
3:13 pm, April 27, 2024
temperature icon 52°F
overcast clouds
Humidity 56 %
Pressure 1015 mb
Wind 13 mph
Wind Gust: 18 mph
Visibility: 0 km
Sunrise: 5:49 am
Sunset: 7:51 pm
Abigail Tweedy

Market News

Share via
Copy link