Trump vows legal order to break up food processing 'nasty monopoly'
- On Friday, President Donald Trump announced plans to authorize farmers and ranchers to process their own food, aiming to break what he called a "nasty monopoly" among the nation's four largest meatpacking firms.
- The move follows an interview with Glenn Beck on Wednesday, where Trump was urged to "break the back of those processing plans" after Beck complained that "the inspections are insane."
- Four companies control about 85% of U.S. meat processing, including Cargill, Tyson Foods, JBS USA, and National Beef Packing, while the sector faces a 75-year trough in supply.
- While Trump is "authorizing legal documents to be drawn," details remain unclear regarding safety and sanitation requirements; The Justice Department is investigating whether meatpacking companies illegally drove up consumer prices.
- Both Trump and President Joe Biden have long struggled to reshape meatpacking industry dynamics, a challenge that persists as consumers face rising grocery prices ahead of November's midterm election.
22 Articles
22 Articles
‘THANK YOU!’ President Trump makes BIG move to end meat-packing’s ‘powerful monopoly’
President Donald J. Trump took to Truth Social Friday to announce that he’s authorizing documents to allow farmers and ranchers to process their own food. The president […]
Trump vows legal order to break up food processing 'nasty monopoly'
U.S. President Donald Trump on Friday said he was preparing a legal order to allow farmers and ranchers to be given the right to process their own food aimed at breaking what he called "a nasty monopoly" among the nation's top processors.
Trump says he’ll make it easier for ranchers to process their own food after blowback over his beef policies
President Donald Trump said Friday that he will make it easier for ranchers to process their own meat, in an effort to weaken the control the nation’s four largest meatpacking firms have over the process.
Trump allows farmers, ranchers to process their own meat: What it means for 'big processors'
United States President Donald Trump has taken a major step to end the alleged monopoly of four food processing companies in the U.S., which occupy over 85% of the country's meat processing market.The 47th POTUS has signed an...
Trump moves to allow farmers, ranchers to process their own food
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