JBS has agreed to pay $25 million to a group of commercial beef purchasers that accused the meat packing company of conspiring with other packers to restrict the supply of …
Meat Packers
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Democrat Senators Reintroduce Bill to Impose Moratorium on Large Agribusiness Mergers
by Colter BrownU.S. Senators Cory Booker (D-NJ), Jon Tester (D-MT), Jeff Merkley (D-OR), and Elizabeth Warren (D-MA) introduced the Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022, legislation that would place …
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House Ag Committee Passes Meat Packing Investigator and Processing Expansion Bills
by Colter BrownWednesday morning, the House Agriculture Committee passed the Meat and Poultry Special Investigator Act, sending the bill to the House floor. The bill would create a new special investigator office …
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WATCH: Senate and House Ag Committee Hearings on Cattle Markets
by Colter BrownTuesday, April 26th, at 8:00 a.m. Mountain, the Senate Agriculture Committee is holding a hearing to review the Cattle Price Discovery and Transparency Act of 2022 and the Meat and …
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Senators Release Updated Cattle Market Reform Bill
by Colter BrownU.S. Senators Deb Fischer (R-Neb.), Chuck Grassley (R-Iowa), Jon Tester (D-Mont.), and Ron Wyden (D-Ore.) today released an updated version of their legislation, the Cattle Price Discovery and Transparency Act. …
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Breaking: JBS Reaches Settlement in Beef Price-Fixing Litigation
by Colter BrownMeatpacker JBS has agreed to pay $52.5 million to settle ongoing litigation over allegations of beef price fixing. The lawsuit, that was originally filed in June of 2020, alleged that …
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Drought Accelerates Contraction in the Beef Cow Herd
by Colter BrownThe USDA semi-annual Cattle Inventory Report revealed that the U.S. beef cow herd is shrinking at the fastest rate since the last widespread drought in 2012. As of January 1, 2022, …
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House Ag Committee Hearing Examines Cattle Market Reforms
by Colter BrownAgriculture Secretary Tom Vilsack updated lawmakers Thursday on the department’s plans to expand meat processing capacity while the chairman of the House Agriculture Committee indicated he expects to extend the …
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Biden Administration Squaring Off Against Meatpackers
by Colter BrownThe Biden Administration is taking a tougher stance towards meatpackers that is says are causing food price inflation at the retail level. On Wednesday, the White House hosted a press …
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The U.S. Department of Agriculture (USDA) has announced $55.2 million in competitive grant funding available through the new Meat and Poultry Inspection Readiness Grant (MPIRG) program. The new program is …