WASHINGTON (June 8, 2021) – Today, Representative Mike Guest (R-MS-3) and Representative Darren Soto (D-FL-9) led a bipartisan group of 52 lawmakers in pushing the U.S. Department of Justice (DOJ) to complete their investigation into the meatpacking sector, and whether or not anticompetitive practices have contributed to a persistent imbalance in the cattle markets.
This letter is the latest result of a recent groundswell of bipartisan, bicameral attention into the need to return market leverage to the side of cattle farmers and ranchers and address the startling price disparity between live cattle and boxed beef.
Last week, NCBA with the support of 39 state cattle groups called yet again for a swift conclusion to DOJ’s investigation into the packing sector.