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Chief executives of four big meatpacking companies denied conspiring to manipulate beef supplies or prices as they defended themselves in congressional testimony, and under oath, last week against charges of profiteering.
Has a trend toward corporate bigness gone too far? The meat industry is becoming an important test for President Biden and lawmakers in both parties.
President Biden is of the view the US meat industry is too concentrated and that this is to the detriment of farmers and consumers.
The pandemic might have stopped us from traveling or hanging out in large groups, but we still have to eat. And thanks to the coronavirus, that could be getting more
Some stakeholders in Wisconsin argue consolidation within the industry is still keeping local farmers, processors from thriving.