Congress Seeks Investigation Into Beef Price Fixing

By Jacqui Fatka

Delta Farm Press

“For the past two years, I have been calling on the Department of Justice to investigate allegations of price-fixing, collusion and other unfair practices in the beef packing industry. Unfortunately, the Department of Justice has seemingly not made these concerns a priority and both consumers and cattle producers in South Dakota continue to suffer as a result,” says Sen. Mike Rounds, R-S.D. Rounds is a lead sponsor of a new bipartisan joint resolution that would direct the Federal Trade Commission to report to Congress within one year on the extent of anticompetitive practices and violations of antitrust law in the beef packing industry, including price-fixing, anticompetitive acquisitions, dominance of supply chains and monopolization.

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don molino