ADM Settles Accounting Probe, Tyson Settles Price Fixing Claims

Archer-Daniels-Midland Co. agreed to pay $40 million to settle a two-year federal investigation into the crop giant’s accounting practices that eroded faith in the company’s transparency. Separately, Tyson Foods has reached a $48 million settlement with restaurants, delis and other food service operators who alleged in a 2018 class-action lawsuit that the company conspired with other pork processors to raise prices.

Lawmakers Eye More Farm Aid on Top of USDA Bridge Assistance

Agriculture leaders in the United States House of Representatives are looking to provide at least an additional $10 billion in farmer aid to supplement the recently announced Farmer Bridge Assistance Program. That additional aid would likely have to be driven by Congress, as a USDA undersecretary says it’s unlikely the agency will provide a second farmer aid package.

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