price manipulation

McDonald’s has filed a lawsuit against Tyson Foods, JBS, and other major meat packing companies.  The fast food chain is accusing the packers of colluding for years to limit beef supplies.  The suit says that the collusion allowed the companies to boost their profits while forcing McDonald’s to pay inflated prices for their meat supplies.  McDonald’s says the...

A bipartisan group of U.S. Representatives is urging the USDA to provide findings of its beef pricing investigation as soon as possible. Following the announcement of the USDA's Packers and Stockyard Division investigation in August of 2019 ...

The Livestock Marketing Association welcomes the expansion of an investigation into the beef markets. The association this week called for the investigation of beef packers to be comprehensive and expeditious. In a letter to Agriculture Secretary Sonny Perdue, the association says the investigation should “consider all potential anticompetitive” issues. Th ...

On Social Media Wednesday, Ag Secretary Sonny Perdue announced the USDA will investigate the large margin increases for meatpackers during the coronavirus outbreak. The Twitter announcement of the probe came after several members of Congress called for an investigation ...

Are prices in the beef market being manipulated by packing industry?   Many on the production side will say yes.   The issue truly came to light after a fire heavily damaged a Tyson packing facility in Holcomb, KS.  Jerome Rosa, President of the Oregon Cattlemen’s Association said something does not add up where consumer prices have increased, packers are enjoying excellent margins, and producers

Are prices in the beef market being manipulated by packing industry?   Many on the production side will say yes.   The issue truly came to light after a fire heavily damaged a Tyson packing facility in Holcomb, KS.  Jerome Rosa, President of the Oregon Cattlemen’s Association said something does not add up where consumer prices have increased, packers are enjoying excellent margins, and producers

Late last week, the United States Cattlemen’s Association sent letters to the USDA and the Commodity Futures Trading Commission.  The USCA is requesting each department to bring together cattle market participants and stakeholders to discuss concerns related to price transparency and true price discovery.  The lett...