The Biden administration and some cattle groups blame meat industry concentration for producers getting a smaller share of consumer dollars for beef than they did decades ago. The Meat Institute disputes such claims.
The Biden Administration’s Action Plan to invest $1 Billion to expand competition in the U.S. meat packing industry and strengthen enforcement of antitrust regulations drew mixed reactions from cattlemen.
The Biden Administration unveiled a new, four-pronged action plan to aid independent meat processors, strengthen the Packers & Stockyards Act, and issue new “Product of USA” labeling rules.
The Biden Administration’s $1 billion Action Plan unveiled Monday to aid farmers, ranchers and consumers would do none of the above, according to the North American Meat Institute.
Hurricane-force winds and dry pastures resulted in multiple wildfires in western Kansas on Wednesday. The Kansas Livestock Association is coordinating relief efforts for affected ranchers.
China has agreed to resume imports of Brazilian beef following more than three months of suspension due to two atypical cases of Bovine Spongiform Encephalopathy (BSE) were discovered in Brazil.
Economic advisors to the White House suggested Friday that America’s large meat packers have used their market power to drive up consumer prices while underpaying farmers resulting in a huge jump in net profits.
Attorneys in the massive chicken antitrust price-fixing class action lawsuits have been granted more than $100 million in legal fees by a U.S. District Judge in the Northern District of Illinois.
USDA’s World Agricultural Supply & Demand Estimates released Tuesday project an overall decline in 2021 red meat and poultry production despite a higher beef production forecast.
