antitrust

Senators Ask Colleagues to Sign onto Meatpacking Letter
Senators Ask Colleagues to Sign onto Meatpacking Letter
Senators Ask Colleagues to Sign onto Meatpacking Letter
Recently, senators Mike Rounds, Republican from South Dakota, and Tina Smith, a Democrat from Minnesota, wrote a letter to U.S. Attorney General Merrick Garland regarding the state of the U.S. meatpacking industry. They asked him to enforce or examine America’s antitrust laws to restore fairness in the marketplace for cattle producers and are asking their colleagues in both the House and Senate to
OCA’s Sharp Optimistic About The Future
OCA’s Sharp Optimistic About The Future
OCA’s Sharp Optimistic About The Future
As the Ag community moves past the struggles and difficulties of 2020, the question of what the future holds in store becomes more and more important. Tom Sharp, President of the Oregon Cattlemen’s Association, said one of the chief issues the livestock industry will want addressed in 2021 and further down the road, the monopolistic actions by the few packing companies that remain. He ... Read
Minnesota Court Dismisses Lawsuit Against Meatpackers
A U.S. District Court in Minnesota has dismissed an anti-trust lawsuit against meatpackers like Tyson Foods, JBS, the National Beef Packing Company, and Cargill. R-CALF led several plaintiffs in filing the lawsuit. Chief Judge John Tunheim left open the opportunity for plaintiffs to amend their complaint ...
AFBF Hopeful Cattle Market Investigation Will Lead To Improved Markets
AFBF Hopeful Cattle Market Investigation Will Lead To Improved Markets
AFBF Hopeful Cattle Market Investigation Will Lead To Improved Markets
Last week, USDA released an update on its investigation of cattle markets. American Farm Bureau Federation Congressional Relations Director Scott Bennett said the report is looking at market price disparities. “In the report, USDA outlines exactly what has happened in the volatile cattle markets since the Holcomb fire in August of 2019, and the volatilities due to COVID-19. In a ...
USDA Provides Cattle Market Investigation Update, Ag Community Reaction Mixed
USDA Provides Cattle Market Investigation Update, Ag Community Reaction Mixed
USDA Provides Cattle Market Investigation Update, Ag Community Reaction Mixed
On Wednesday, the USDA released a report on its ongoing boxed beef and fed cattle price spread investigation. Agriculture Secretary Sonny Perdue said the closure of the Tyson beef packing plant following a fire at the facility in Holcomb, Kansas, and the COVID-19 pandemic, “clearly disrupted the markets and processing systems responsible for the production and sale of U.S. be ...
Department of Justice Looking Into Antitrust Violations In Meatpacking Industry
Department of Justice Looking Into Antitrust Violations In Meatpacking Industry
Department of Justice Looking Into Antitrust Violations In Meatpacking Industry
The Justice Department is formally demanding information from the four biggest meatpackers in the United States, over potential antitrust violations. According to Bloomberg, the DOJ’s antitrust division sent civil investigative demands, which are akin to subpoenas, to the companies…and is talking with state attorneys general about the probe after growing calls for an in-depth investigation. Cur
Farm Groups Support Agribusiness Merger Moratorium Bills
Farm Groups Support Agribusiness Merger Moratorium Bills
Farm Groups Support Agribusiness Merger Moratorium Bills
A broad coalition of 219 farm, food, rural, faith, and consumer advocacy organizations delivered a letter last week to Congress endorsing food and agribusiness merger moratorium bills introduced in both chambers. The Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2019 would put a moratorium in place on large agriculture, food and beverage manufacturing, and grocery retail merg