Ag department looking into beef “price-fixing” complaints
Story Date: 3/17/2020

 

Source: SOUTHERN FARM NETWORK, 3/16/20

As the USDA’s probe into price-fixing allegations in the beef industry continues, Ag Secretary Sonny Perdue would like some extra tools to deal with potential price manipulation across the industry. Perdue spoke during a Senate Appropriations Agriculture-FDA Subcommittee hearing last week telling committee members that he’s concerned about the wide range in beef prices livestock producers get when compared to meatpackers. “The deltas we’re seeing between the prices you describe are historically high,” Perdue told Sen. John Tester (D-MT), while consumers aren’t seeing a lot of benefits.

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