Something isn’t right’: U.S. probes soaring beef prices
Story Date: 5/27/2020

 

Source: Leah Nylen and Liz Crampton, POLITICO, 5/25/20


Supermarket customers are paying more for beef than they have in decades during the coronavirus pandemic. But at the same time, the companies that process the meat for sale are paying farmers and ranchers staggeringly low prices for cattle. Now, the Agriculture Department and prosecutors are investigating whether the meatpacking industry is fixing or manipulating prices.

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