antitrust

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
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
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