Biden to target meatpacking giants over surging inflation

Jan 4, 2022

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Biden to target meatpacking giants over surging inflation Fox Business ^ | January 3, 2022 | Megan Henney

Posted on 1/4/2022, 4:36:38 AM by Ciaphas Cain

President Biden on Monday will roll out a new plan to target a handful of meatpacking companies that control the bulk of the nation's supply, months after his administration accused the conglomerates of facilitating anti-competitive behavior that has caused meat and poultry prices to skyrocket.

Biden will join Agriculture Secretary Tom Vilsack and Attorney General Merrick Garland for a virtual White House meeting with farmers and ranchers to announce the administration's plan to tackle rising prices and boost competition industry-wide, including $1 billion in federal funding from the coronavirus relief package to help expand independent meat and poultry processing capacity.

The White House will also dedicate funding to train workers in the industry and improve conditions, and establish stricter rules for meatpackers that use a "Product of USA" designation to ensure consumers are aware of where the meat is coming from.

(Excerpt) Read more at ...

TOPICS: Business/Economy ; News/Current Events KEYWORDS: biden ; meat

Government getting involved more than it already is. We'll never see affordable meat again.

To: Ciaphas Cain


The government ruins EVERYTHING it gets its paws on.

2 posted on 1/4/2022, 4:37:46 AM by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)

To: Ciaphas Cain

Are the meat packers printing money?

3 posted on 1/4/2022, 4:39:26 AM by gundog ( It was a bright cold day in April, and the clocks were striking thirteen. )

To: Ciaphas Cain

Yeah! What gives?!? Why do they need so much meat! They should give it to us for free!!


To: Ciaphas Cain

Waiting for the headline, Biden Beats Big Meat.

5 posted on 1/4/2022, 4:40:07 AM by Rebelbase

To: Rebelbase

You win the internet tonight

6 posted on 1/4/2022, 4:41:34 AM by CatHerd (And we are are on earth a little space, That we may learn to bear the beams of love - William Blake)

To: Ciaphas Cain

7 posted on 1/4/2022, 4:41:44 AM by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)

To: Ciaphas Cain

go after USDA regulation that hampers small business.

8 posted on 1/4/2022, 4:41:57 AM by the_daug ( )

To: metmom

stupid is as stupid does.

9 posted on 1/4/2022, 4:41:57 AM by Magnetar

To: Ciaphas Cain

Gee maybe he could ask his ChiCom pals who now own Smithfield, the largest pork, ham, and bacon producer in the US, for help.

10 posted on 1/4/2022, 4:42:42 AM by xkaydet65 ( )

To: Ciaphas Cain

How about we don’t sell all of our meat to China?

To: Ciaphas Cain

Price controls always work, right?

12 posted on 1/4/2022, 4:46:52 AM by dynachrome ("I will not be reconstructed, and I do not give a damn.")

To: Ciaphas Cain

I thought labeling country of origin was no longer allowed.

13 posted on 1/4/2022, 4:46:56 AM by Sacajaweau ( )

To: Ciaphas Cain

None of these proposals will do anything to lower prices.

I wait for sales.

14 posted on 1/4/2022, 4:50:08 AM by Sacajaweau ( )

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