U.S. Representative Dusty Johnson (R-S.D.) re-introduced two cattle-focused bills to improve the industry – his Butcher Block Act with co-lead Rep. Abigail Spanberger (D-VA) and the Amplifying Processing of Livestock in the United…
Beef Packers
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Ag News StoriesLivestock NewsNews
Major Fast Food Restaurant Chains Allege Price Fixing By Packers
by Colter BrownThe nation’s largest beef packers are facing a growing number of antitrust lawsuits alleging a conspiracy to fix prices, as five more complaints were filed in a federal court in…
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Ag News StoriesLivestock NewsNews
Minnesota Court Adds Large Retailers Into Packer Antitrust Suit
by Colter BrownSeveral large retailers and wholesalers (including Sysco, US Foods, Kroger, Hy-Vee, Albertson, Associated Grocers, Subway, SuperValu, and Cheney Brothers) recently filed claims similar to those brought originally in April 2019…
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Ag News StoriesLivestock NewsNews
Senators Introduce Resolution to Investigate Anticompetitive Practices in Beef Industry
by Colter BrownOn Thursday, Senators Mike Rounds (R-SD) and Elizabeth Warren (D-MA) introduced a bipartisan resolution asking the Federal Trade Commission to investigate beef companies for potential price fixing. The resolution invokes a…
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Ag News StoriesLivestock NewsNews
House and Senate Ag Committees to Hold Hearings on Cattle Markets
by Colter BrownCattle markets and legislation to institute some reforms will be front and center on Capitol Hill at the end of April. The Senate Agriculture Committee will hold a hearing on…
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DTN – President Joe Biden will start 2022 highlighting what the White House sees as unfair market practices by the largest meatpackers and detailing plans to diversify the meatpacking industry…
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Ag News StoriesLivestock NewsNews
Cattle Market Challenges Take Center Stage on Capitol Hill
by Colter BrownLINCOLN, Neb. (DTN) — Jon Schaben a cattle producer and sale barn owner from Dunlap, Iowa, told the Senate Judiciary Committee on Wednesday the disparity between live cattle prices and…
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Ag News StoriesLivestock NewsNews
Cattle Producers and Economists Share Market Challenges in Senate Hearing
by Colter Brown(DTN) – With multiple years of frustration by cattle producers over the price spread between fed cattle and boxed beef, economists Wednesday pointed to supply and demand — as well…
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Ag News StoriesLivestock NewsNews
Tester Unveils Bill to Combat Anti-Competitive Practices in Meat Processing Industry
by Colter BrownU.S. Senators Jon Tester (D-Mont.), Chuck Grassley (R-Iowa) and Mike Rounds (R-S.D.) have announced new, bipartisan legislation to address anticompetitive practices in the meat and poultry industries that threaten the…
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Ag News StoriesLivestock NewsNews
USDA To Strengthen Enforcement of Packers and Stockyards Act
by Colter BrownThe U.S. Department of Agriculture (USDA) will begin work on three proposed rules to support enforcement of the Packers and Stockyards (P&S) Act, the 100-year-old law that was originally designed…