by Carrie Stadheim | May 7, 2020 | Articles, TSLN Articles
President Trump asked the Department of Justice, on May 6, 2020 to investigate meatpacker pricing activity. “I’ve asked the Justice Department to look into it. … I’ve asked them to take a very serious look into it, because it shouldn’t be happening that way and...
by faircattlemarkets | May 5, 2020 | Articles, TSLN Articles
South Dakota Attorney General Jason Ravnsborg and the Attorneys General from ten other Midwestern and Western states are urging the Department of Justice to pursue a federal investigation into suspected national price fixing by meat packers in the cattle industry. In...
by Carrie Stadheim | May 1, 2020 | Articles, TSLN Articles
The South Dakota Cattlemen’s Association was among a group of 23 groups asking that the US Justice Department get involved in the USDA investigation into meatpacking pricing activity surrounding the coronavirus pandemic. The organization’s president, Eric Jennings, a...
by Carrie Stadheim | Apr 17, 2020 | Articles, TSLN Articles
The cattle industry is talking seriously about legislation to require packers to buy a certain amount of their kill via the negotiated cash or “bid and buy” market. Currently, according to different analysts around 20 to 25 percent of the weekly slaughter is purchased...
by Carrie Stadheim | Apr 10, 2020 | Articles, TSLN Articles
In an April 8 tweet, U.S. Secretary of Agriculture Sonny Perdue announced that the Packers and Stockyards Administration would be investigating beef and cattle pricing activity during the COVID-19 pandemic. “@USDA’s Packers and Stockyards Division will be extending...
by Carrie Stadheim | Apr 3, 2020 | Articles, TSLN Articles
Almost 150 members of Congress asked U.S. Ag Secretary Sonny Perdue, on April 1, to help deliver subsidy assistance to cattle producers via the Coronavirus Aid, Relief, and Economic Stabilization (CARES) Act recently signed by President Trump. The CARES Act provides...
