Chicken companies agree to pay $85 million to settle antitrust allegations

Cargill Inc. And the newly formed Wayne-Sanderson Farms has agreed to pay $85 million to settle claims that they violated antitrust laws by sharing information about the wages of poultry workers.

The civil settlement between the companies and the government follows a lengthy review of the $4.5 billion sale of Sanderson Farms Inc.—the third-largest U.S. poultry company—to Cargill and agricultural investment firm Continental Grain Company, which also addressed how chicken The payment to farmers, which happens, came three days after the deal was closed. The deal, which was first announced in August 2021, Merged Sanderson’s chicken operations with Wayne Farms LLCA small chicken company owned by Continental to form a new privately held company based in Georgia.