Cargill Shifts Beef Production After Plant Strike
Cargill Inc. shifts beef production operations to other facilities following a weeklong strike at its plant in Canada. The temporary closure of the Ontario plant comes amidst profit margin pressures for North American beef producers.
Lawsuits filed against sugar producers for price-fixing
Class-action lawsuits filed in federal court in Minnesota accuse the nation’s largest sugar producers of violating antitrust law and conspiring to fix prices. The lawsuits allege an ongoing agreement to artificially raise, fix, stabilize, or maintain granulated sugar prices in the United States. The legal proceedings will likely shed light on the alleged antitrust violations and their impact on sugar prices in the country.