Farms.com Home  › News

US Government Look To Take Meat Processors To Task

The US government is preparing to do battle with a handful of companies it says holds too much control when it comes to the price of meat and poultry.

President Joe Biden joined by USDA secretary Tom Vilsack, announced a four point plan to bring back competition to the industry and raise the prices that producers receive for their animals. There are groups on this side of the border that are suggesting the Trudeau government should be doing the same.

The US meat institute was quick to issue its' own statement following Biden's meeting on Monday. It says the US government is ignoring the real issue that packing plants and processors in the states are facing and that's a critical labour shortage. That's also an issue here as some plants in eastern Canada have a 40 percent vacancy rate. It's not quite that bad in Alberta, but it's getting there.

Click here to see more...

Trending Video

USDA Relief Rally + Can the Bulls WIN U.S. Thanksgiving & Christmas?

Video: USDA Relief Rally + Can the Bulls WIN U.S. Thanksgiving & Christmas?

The 2026 USDA November crop report was “friendly” corn and soybean neutral/bearish wheat mad may have stopped the fund bleeding for now. China extends tariff truce for 2-months why not 1 year? Wants 30-30 initiative completed ASAP. USDA Baseline Projections see more 2027 wheat and soybean acres less corn. The last 30-days has been dry for Brazil but monsoonal rains over the next 7-10 days an anchor on soybean futures. New highs in U.S. $ Index & new lows in the CDN $. There were no break throughs in the peace talks with Ukraine-Russian war in Abu Dhabi. The Godfather of AI Jensen Huang resins at NVDA as CEO over the spy scandal + CFTC.