The appellant challenges the district court's judgment finding that damages arose from the appellant's alleged unlawful attempt to manipulate or control poultry prices. A firm does not violate Packers and Stockyards Act of 1921 §192(e) by reducing its commodity output in an attempt to raise prices. The district court's judgment is reversed and rendered. 5th U.S. Circuit Court of Appeals, No. 12-40085, 08-27-2013.
In re Pilgrim's Pride Corporation
August 27, 2013