Company
JBS S.A. (JBS USA, Swift Beef, JBS Packerland)
Documented money flows
- JBS S.A. (JBS USA, Swift Beef, JBS Packerland) to Plaintiff classes in In re Cattle and Beef Antitrust Litigation (D. Minn. MDL), payment, $161,000,000, 2023-2025. Exhibit 630
- JBS S.A. (JBS USA, Swift Beef, JBS Packerland) to Plaintiff classes in In re Pork Antitrust Litigation (D. Minn. No. 18-cv-1776), payment, $57,300,000, 2021. Exhibit 630
Findings that rest on exhibits naming this entity
- AGR-5.2: USDA's Economic Research Service attributes the rise in beef and pork packing concentration mostly to larger plants and says mergers played a limited role. ERS also reports that the farm-to-wholesale beef price spread doubled between 2015 and 2019. GAO estimated that fed cattle prices in 2013 to 2015 may have been about 9 percent higher in areas with less packer concentration than in areas with more, and stated that this evidence alone does not imply anticompetitive or improper behavior.
- AGR-5.5: Tyson has agreed to class settlements of $221.5 million in the broiler case, $183 million in the pork case and $182 million in the beef case, and states that it does not admit liability. JBS USA settled three beef classes for $161.0 million and three pork classes for $57.3 million, and Pilgrim's Pride settled three broiler classes for $195.5 million.
- AGR-5.9: The filings cited record no court decision on whether the largest beef packers fixed prices or manipulated cattle prices.
Exhibits naming this entity
- Exhibit 611 30 October 2008. Congressional Research Service (Renee Johnson): Recent Acquisitions of U.S. Meat Companies (CRS Report RS22980)
- Exhibit 630 26 March 2025. JBS S.A. (SEC filing): JBS S.A., Form 20-F for the fiscal year ended 31 December 2024 (Legal proceedings: Broiler, Pork and Beef Antitrust Litigation)