Source: FARM PROGRESS, 9/8/21


The Biden administration is taking aim at major meatpackers, charging that their “pandemic profiteering” is squeezing consumers and farmers alike, with a few companies that dominate the industry raking in record profits. White House National Economic Council Director Brian Deese said Wednesday that increases in the prices of beef, pork and poultry are responsible for half the jump in food prices since late 2020, yet farmers have seen little gain in what they are paid by giant meat companies.

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