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In a 2017 report on Agri Stats, Bloomberg found that between 2009 and 2016, Tyson’s operating margins grew from 1.6 percent to 11.9 percent. At Pilgrim’s Pride, between 2012 and 2015, operating margins grew from 3.8 percent to 12.77 percent. The first lawsuit brought against the processors was a class action filed by a food wholesaler, Maplevale Farms, in September 2016. That suit alleged that from 2008 onward, Tyson and Pilgrim’s Pride coordinated their efforts to reduce their broiler stock and forced a “nearly 50 percent increase in Broiler wholesale prices since 2008, despite input costs (primarily corn and soybeans) falling roughly 20 percent to 23 percent over the same time period.” Maplevale claimed that consequently, it paid inflated prices for chicken over the course of several years.
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