The Coronavirus (COVID-19) pandemic caused significant disruption to U.S. meat supply chains in the spring and summer of 2020, according to a recent USDA, Economic Research Service report. …
The U.S. Department of Agriculture said on Thursday it will begin releasing two new reports on cattle sales next week, after ranchers and members of Congress raised concerns about possible anti-competitive behavior in the market. …
Beef sales are up due to the outbreak, but the prices of live calves have somehow gone down. This has confused many in the industry and has caused Senator Chuck Grassley (R-Iowa), to call for an investigation into “potential market and price manipulation, collusion, restrictions on competition and/or other unfair and deceptive practices.” …
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