Pilgrim's Corp
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57
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14
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14
PODCASTS
Search complete. 57 mentions across 14 episodes found for "Pilgrim's Corp".
Oct 7, 2026
Joe MaxwellGUEST
68% of the cost of raising a broiler.
Joe MaxwellGUEST
So if you're Brazil's JBS and you own Pilgrim's Pride and you have a bunch of broilers in all these hen houses they've got or in these chicken houses they have, 68% of your cost of raising that chicken is feed cost.
Joe MaxwellGUEST
Current system, because of the subsidies directed towards the big commodities, and because I'm guaranteed some amount of money and I can get bailouts from the federal government, my banker tells me, even if I didn't want to do it, my banker tells me that's what you're going to raise because that's what the government supports.
Joe MaxwellGUEST
So I produce the hell out of it.
Craig HelmreichGUEST
But the other thing that happens, because discovery will probably not be paused here, is it gets expensive, right? Give me every single record related to every single shipment for the customers that are mentioned here.
Craig HelmreichGUEST
Ford, Driscoll, Graphic Packaging, Kroger, Johnson Controls, Bridgestone, Pilgrim's Pride.
Craig HelmreichGUEST
I want everything on all of these shipments for this period of three years.
Craig HelmreichGUEST
Pulling that on the one side of the case, but also reviewing that and analyzing that on the other side of the case will be incredibly expensive.
Stephen J. DubnerHOST
Three years later, the firm pled guilty in a U.S. federal court to violating an American anti-bribery law.
Stephen J. DubnerHOST
The SEC found that some of those bribes helped facilitate JBS's acquisition of the American chicken producer Pilgrim's Pride.
Stephen J. DubnerHOST
Pilgrim's Pride gave $5 million to Donald Trump's 2025 inaugural committee.
Stephen J. DubnerHOST
Three weeks after his inauguration, Trump signed an executive order pausing enforcement of the Foreign Corrupt Practices Act, the law that JBS had pled guilty to breaking.
Stephen J. DubnerHOST
And the Department of Agriculture moved to make permanent the faster slaughterhouse line speeds that the beef and poultry industry had been asking for.
Matthew LefflerGUEST
So RICO is a tool used to do that.
Matthew LefflerGUEST
Now, on the other side is this, what we're seeing in this particular case, which is the ability to go after, uh, with private pl- uh, plaintiffs going after other companies saying RICO kind of allegations.
Matthew LefflerGUEST
And the reality is most of the time when private entities go after another entity with RICO, they're unsuccessful.
Matthew LefflerGUEST
It's very, very rare that we have a successful RICO case in civil court brought on by private plaintiffs, but this is the tool that was used in this case, and we'll kinda dig into why that was a, an interesting choice, we'll say.
9 MINS LATER
Matthew LefflerGUEST
It is probably some form of hourly billing for this stuff, though these things can be taken on contingent.
Matthew LefflerGUEST
There's no doubt there's ways to, to incentivize going after somebody.
Matthew LefflerGUEST
It's always interesting, I think, when you see trucking companies that are generally skeptical of the plaintiff attorneys and the plaintiff's bar utilizing the same kind of tactics to go after other companies and say, "Hey, I want a lot of money," 'cause that's what this is all about.
Matthew LefflerGUEST
This is about lost revenue from motor carriers.
Matthew LefflerGUEST
So RICO is a tool used to do that.
Matthew LefflerGUEST
Now, on the other side is what we're seeing in this particular case, which is the ability to go after with private plaintiffs going after other companies saying RICO kind of allegations.
Matthew LefflerGUEST
And the reality is, most of the time, when private entities go after another entity with RICO, they're unsuccessful.
Matthew LefflerGUEST
It's very, very rare that we have a successful RICO case in civil court brought on by private plaintiffs.
9 MINS LATER
Matthew LefflerGUEST
though these things can be taken on contingent.
Matthew LefflerGUEST
There's no doubt there's ways to incentivize going after somebody.
Matthew LefflerGUEST
It's always interesting, I think, when you see trucking companies that are generally skeptical of the plaintiff attorneys and the plaintiff's bar utilizing the same kind of tactics to go after other companies and say, hey, I want a lot of money, because that's what this is all about.
Matthew LefflerGUEST
This is about lost revenue from motor carriers.
TroopPANELIST
And there's...
TroopPANELIST
We watched some food documentaries, they're amazing, about how, like, uh, w- uh, what is it? Pilgrim's Pride, Foster Farms, uh, Smith Foods, they have these massive, massive, uh, intake centers where they, where they process all of these, you know, uh, small providers.
TroopPANELIST
You know, like, like your Mary Beth has 10 acres.
TroopPANELIST
She used to grow tobacco, now she makes chickens, and the, just the whole disgusting process of that.
TroopPANELIST
The, the sanitary controls for those industrial food warehouses when you have these big multi-thousand ton recalls of, of product, it's because they, they have, like, 60, 80, 100 different, uh, you know, uh, chicken or pork or, or beef providers going into the, the manufacturing plant.
TroopPANELIST
And the argument for small farms has always been- We, you know, we slaughter the cows and the chickens and whatever, and we bring them to a place and people pick them up.
TroopPANELIST
And so if there's an outbreak, if there's listeria or, or a problem, you know it came from Farmer Bob's farm, because he's the guy that you got your shit from, not Farmer Bob's in the supply chain somewhere with 400 other farmers and now Pilgrim's Pride has to do a multi-state recall.
TroopPANELIST
And the, uh, you know, I, I, I feel like we have been lied to and cheated and let down and all that.
George PearsonsHOST
And during one of the breaks, we took our break, came back, and I was talking to Buddy.
George PearsonsHOST
And I said, Buddy, when you were over Pilgrim's Pride, anybody here of Pilgrim's Pride Chicken Company? Well, Buddy was CEO over that company for a number of years.
George PearsonsHOST
And I said, Buddy, how many employees were under your leadership? And you told me at the time there were, what is it? About 14,000.
George PearsonsHOST
14,000.
Arash YomtobianGUEST
We filed with the courts as well as with the USDA.
Arash YomtobianGUEST
Uh, and have reached out to Costco, who has directed us to Pilgrim's Pride, who's the supplier, uh, who has cut that farm out of their supply chain.
Arash YomtobianGUEST
But the, the truth of it is that the findings, as atrocious as they are, are really no different than any other standard broiler chicken and, and, and farm.
Elizabeth NovogratzHOST
It's like the same thing.
Ebony TurnerGUEST
am from East Texas.
Ebony TurnerGUEST
I grew up in Pittsburgh, Texas, home of the Pittsburgh Hot Links and Pilgrim's Pride.
EJ CarrionHOST
How big is Pittsburgh?
Ebony TurnerGUEST
4,000 people.
Nermeen ShaikhHOST
Do you know what is the subsidiary of...
Eric SchlosserGUEST
The subsidiary of JBS that made the donation was Pilgrim's Pride.
Eric SchlosserGUEST
But it's all the same company, and it's owned, controlled by these two brothers.
Eric SchlosserGUEST
But, you know, the real issue here is isn't JBS.
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