Several beef producers have agreed to a proposed class-action settlement of about $8 million in a Canadian case alleging beef price-fixing. The lawsuits, filed as a class action, claim that companies including JBS and National Beef conspired to limit beef production and raise prices. Under the settlement terms reported by multiple outlets, JBS-related entities are set to contribute $7,498,700, while National Beef is set to pay $495,000, bringing the total to approximately $7,993,700 (about $8 million). Other reported parties in the JBS group include Swift Beef Company and JBS Packerland Inc., along with JBS Canada ULC. The proposed settlement is intended to compensate Canadians who bought beef during the class period referenced in the reports, including purchasers after 2015. Eligibility depends on the final approval of the settlement by the courts. Until then, the agreement remains subject to court authorization, and further details on compensation or claims are expected to be determined through the legal process.