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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
The American beef cattle herd is as small as it has been since the 1950s, giving producers booming sales checks, but squeezing packers and consumers with higher prices.
Leaders of the nation’s largest beef packers denied accusations Wednesday that they had any agreement in place to suppress prices or competition for beef cattle throughout the country.
The Department of Agriculture has expanded an existing investigation into pricing practices in the beef industry to also include recent developments brought about by the spread of the coronavirus.