The courts are still considering R-Calf’s lawsuit against the four major meat packers, which claims they conspired to depress prices.
R-Calf CEO Bill Bullard tells agoinfo.net they are waiting on the courts to approve a multi-million-dollar class action suit against JBS. As part of the agreement, Bullard says JBS would then help in the cases against the other three packers.
Bullard says right now they just have to wait.
“So the way this works is that the court will determine whether the proposed class action settlement is appropriate and equitable,” Bullard said. “And if such a determination is made, then the court would order that notice be sent to all the potential members of the class who could file a claim against the settlement.”
Any producer who sold to the Big Four packers (Tyson Foods, JBS USA, Cargill Meat Solutions, and National Beef Packing Co.) between June 2015 and February 2020 can participate in the class action lawsuit.
Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
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Expect modest relief on several produce lines, mixed protein trends into holiday buying, and softer veg-oil costs — a good week to sharpen forward buys selectively.
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USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
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Laramie Sandquist discusses Nationwide Agribusiness’s commitment to grain bin safety initiatives, including providing life-saving equipment and training to fire departments across the country.
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An import lag for ground beef will likely look different than last year’s egg shortage. The difference comes down to biosecurity and market flexibility.
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The WASDE/Crop Production combo will be the first full read on supply, demand, and yield that could move basis and hedging plans since the government shutdown more than a month ago.
November 03, 2025 09:34 AM
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