WASHINGTON (June 8, 2021) – Today, Representative Mike Guest (R-MS-3) and Representative Darren Soto (D-FL-9) led a bipartisan group of 52 lawmakers in pushing the U.S. Department of Justice (DOJ) to complete their investigation into the meatpacking sector, and whether or not anticompetitive practices have contributed to a persistent imbalance in the cattle markets.
This letter is the latest result of a recent groundswell of bipartisan, bicameral attention into the need to return market leverage to the side of cattle farmers and ranchers and address the startling price disparity between live cattle and boxed beef.
Last week, NCBA with the support of 39 state cattle groups called yet again for a swift conclusion to DOJ’s investigation into the packing sector.
A bicameral coalition of Republican senators and House members on Monday urged Attorney General Merrick Garland to continue the Justice Department investigation into the nation’s four biggest meatpackers.
Lawmakers push for quick conclusion of DOJ investigation into meatpacking industry rfdtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rfdtv.com Daily Mail and Mail on Sunday newspapers.
Pierre, SD, USA / DRGNews
May 17, 2021 | 3:24 PM
South Dakota Senator John Thune and South Dakota US Representative Dusty Johnson led a bicameral effort urging US Attorney General Merrick Garland and the US Department of Justice to move forward with their investigation into anticompetitive practices in the meatpacking industry.
“Despite strong consumer demand and reopening across much of the country, cattle producers face significant business challenges. The farmers and ranchers NCBA represents are contending with high market volatility, drought, and extreme input costs, and they can’t capture the value they deserve for the high-quality product they supply,”
said NCBA Vice President of Government Affairs Ethan Lane. “We have a high supply of cattle at one end of this equation and a high demand for U.S. beef at the other, but the middle is being absolutely choked by the lack of processing capacity. It’s in the best interests of both producers and consumers for the Depar
Senators introduce fix for cattle market price discovery beefmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beefmagazine.com Daily Mail and Mail on Sunday newspapers.