Agribusiness  January 29, 2019

Pilgrim’s Pride accused of fixing prices

GREELEY — Pilgrim’s Pride Corp., a Greeley provider of poultry products, has been sued by the company that owns Olive Garden restaurants.

The Greeley Tribune reported that Darden Restaurants, owner of Olive Garden, has accused Pilgrim’s Pride and other chicken product providers of conspiring to fix prices. Pilgrims Pride is owned by JBS USA.

A suit was filed in Illinois accusing chicken producers who control 90 percent of the wholesale market of illegally reaching agreements to control prices.

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GREELEY — Pilgrim’s Pride Corp., a Greeley provider of poultry products, has been sued by the company that owns Olive Garden restaurants.

The Greeley Tribune reported that Darden Restaurants, owner of Olive Garden, has accused Pilgrim’s Pride and other chicken product providers of conspiring to fix prices. Pilgrims Pride is owned by JBS USA.

A suit was filed in Illinois accusing chicken producers who control 90 percent of the wholesale market of illegally reaching agreements to control prices.

 

Ken Amundson
Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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