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.
November 06, 2024 11:20 AM
·
October 31, 2024 09:43 AM
·
A U.S. Federal District Court upheld an Arizona rancher’s legal complaint against the Biden Administration’s decision to halt construction on a U.S.-Mexico border wall violated environmental law and the plaintiff’s property rights.
October 30, 2024 01:09 PM
·
High Path Avian Influenza has significantly impacted poultry and egg prices recently. Will consumers face the same pressures this Thanksgiving?
October 28, 2024 12:32 PM
·
The German company Constellr is part of the John Deere Start-Up Collaborator Program in 2024. It plans to launch a geothermal satellite next year that will give farmers and ranchers better tools to monitor surface temperature from space.
October 21, 2024 11:51 AM
·
October 14, 2024 11:24 AM
In his latest Firm to Farm blog post, Ag Legal & Taxation Expert Roger McEowen examines contracts, insurance, and property rights and how those legal processes can impact your farm or ranch operation.
October 08, 2024 02:26 PM
·
Digital contracts are becoming more common for farmers and ranchers, which means some unique legal issues might arise. RFD-TV’s farm legal expert Roger McEowen briefly examines those.
October 06, 2024 02:15 PM
·
September 30, 2024 11:35 AM
