Meat Institute Reacts to DOJ Investigation

DOJ investigates Cargill for alleged beef price-fixing

President Donald Trump’s Truth Social post prompted the investigation of several large meatpackers, as the price of beef has risen faster than the rate of inflation in recent years.

Meat Institute Reacts to DOJ Investigation

(NAFB.com) – President Trump recently called on the Department of Justice to investigate the beef processing sector, and the Meat Institute issued a statement reacting to the announcement. “Despite high consumer prices for beef, beef packers have been losing money because the price of cattle is at record highs,” said Julie Anna Potts, the president and CEO of the Meat Institute. “For more than a year, beef packers have been operating at a loss d…

Trump calls for investigation into major meat packing companies

By Julie Tomascik Editor President Donald Trump issued an executive order calling for the U.S. Department of Justice (DOJ) to investigate major meatpacking companies for possible price fixing and market manipulation. The order directs the DOJ to work with the U.S. Department of Agriculture (USDA) to examine whether packer practices have unfairly limited competition or suppressed prices paid to producers, while consumer beef prices remained high.…

Farm Action Welcomes DOJ Investigation into Meatpacking Giants, Calls for Swift Action to Restore Fair Markets

"Ranchers need fair prices. Consumers deserve honesty at the checkout. It’s time to fix this broken system once and for all,” said Farm Action's Angela Huffman.

DOJ to investigate meat packers for price fixing

Focus is on foreign-owned companies. Industry is divided on the need for an investigation.