CCMS filed suit against the “Big 4” meatpacking firms—Tyson, Cargill, JBS, and Marfrig—alleging they colluded to suppress prices for slaughter-ready cattle and live cattle futures traded on the Chicago Mercantile Exchange. CCMS alleges that, among other things, Defendants illegally agreed to restrict slaughter capacity, artificially reduce their purchases of cattle and engage in collusive bidding and procurement practices, thereby injuring American ranchers. CCMS represents a national cattle ranchers’ association, as well as ranchers and traders who have been injured by selling cattle at artificially suppressed prices. The case, In re Cattle Antitrust Litigation, is pending in the District of Minnesota.