U.S. Representatives Randy Feenstra (R-Iowa) and Elissa Slotkin (D-Mich.) recently introduced the Livestock Consolidation Research Act. This legislation would direct the USDA’s Economic Research Service to study the impact of…
packers
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The nation’s largest food distributor is accusing the big 4 meat packers of fixing prices and manipulating markets. Sysco has filed a lawsuit against Cargill, JBS, Tyson and National Beef,…
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A new webinar from USDA’s Economic Research Service looks at price spreads for beef, going back to the 1970s. The disparity between what retailers, wholesalers, farms and byproducts take as…
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Ag News StoriesLivestock NewsNews
Cattle Market and Beef Packers Under the Microscope in Ag Committee Hearings
by Colter BrownA big week for the cattle industry on Capitol Hill with hearings in both the Senate and House Agriculture Committees. The excitement began in the Senate where lawmakers discussed bills…
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Ag News StoriesLivestock NewsNews
Legislative Proposal Bans Large Feedyards, Reinstates M-COOL
by Colter BrownNew Jersey Sen. Cory Booker re-introduced his Farm System Reform Act, a bill he says would “transform a broken system.” Similar legislation was introduced in the House by Congressman Ro…
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Ag News StoriesNews
Biden Signs Executive Order to Address Competition with a Focus on Ag
by Colter BrownPresident Biden issued his much-anticipated Executive Order on Friday that aims to promote competition in the American Economy. The order includes 72 initiatives, several of which deal directly with agriculture.…
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Ag News StoriesLivestock NewsNews
Cattle Groups Press Ag Committee Leaders for Market Reform
by Colter BrownLeadership in the House and Senate Agriculture Committees are feeling more pressure for the cattle industry to address a number of barriers to profitability for cattle producers. The National Cattlemen’s…
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Ag News StoriesLivestock NewsNews
Lawmakers Urge Justice Department to Continue Cattle Industry Investigation
by Colter BrownThe same day that cattle producer organizations released a joint statement on cattle market transparency, outlining their action plans to begin correcting the imbalance that exists between cattle and beef…
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Last week, Congresswoman Chellie Pingree (D-Maine) and Congressman Jeff Fortenberry (R-Neb.), joined by Senators John Thune (R-S.D.), Jeff Merkley (D-Ore.) introduced bipartisan, bicameral legislation to support small meat and poultry…
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A federal grand jury has indicted four executives from major poultry companies for conspiring to fix prices and rig bids for broiler chickens from 2012 to 2017. A grand jury…