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Balanced Reporting. Trusted Insights.
Thursday, April 10, 2025
The Justice Department and multiple state attorneys general are engaged in an ongoing investigation into potential price fixing by the nation’s four largest beef processors, according to previously unreleased documents acquired by Agri-Pulse.
Major food distributor SYSCO is the latest company to sue the nation's four dominant beef companies, alleging they conspired to limit supplies and fix the prices of beef sold to the company.
Meatpacking companies coordinated extensively with USDA officials and others in the Trump administration to keep their plants running in 2020 despite the growing risk of coronavirus to their workers, according to a congressional report that is based on internal industry documents.
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 World Bank is releasing a report today that calls for repurposing global farm subsidies to promote agricultural innovations that can slash greenhouse gas emissions while also increasing food production.
A wide-ranging executive order that President Joe Biden signed Friday seeks to address consolidation throughout the economy and includes a special focus on actions the Department of Agriculture could take to address the meat industry and antitrust enforcement.
The government’s poultry price-fixing case is moving forward quickly following the June 3 indictment of four executives from Pilgrim’s Pride and Claxton Family Farms.
The Department of Justice is seeking information from the nation’s largest meatpackers, a move that provides further indication of an investigation into the practices of the four major players in the industry.
