Menu
Western South Dakota's Only Ranch Station
WASHINGTON — The record profits for meatpackers in the past two years were the result of market conditions during the coronavirus pandemic, along with increased consumer demand, according to leaders of the country’s four large meatpacking companies. The meatpacking executives defended their business practices during a lengthy congressional committee hearing on Wednesday, April 28. U.S. […]
WASHINGTON, D.C. – The questions have been pointed and some answers heated during a two-day hearing of both the Senate and House Agriculture Committees regarding market transparency in beef and other commodities. Questions of price fixing, inexplicable beef market price charts, and claims of an administration that is blaming the wrong people (packers) for the […]
EAST LANSING, MI – The Senate Committee on Agriculture, Nutrition and Forestry will kick off field hearings on the 2023 Farm Bill, April 29, 10 a.m. – 12:30 p.m. (Eastern time). The first hearing will be held at Michigan State University in East Lansing, Michigan, the home state of U.S. Sen. Debbie Stabenow (D-Michigan), committee chair. […]
WASHINGTON, D.C. – Unintended consequences. That’s what will happen if a cattle market reform compromise reached last week is passed by the U.S. Senate Ag Committee, according to a letter sent by R-CALF USA. The organization is asking the committee to reject S.3229, the “Cattle Market Price Discovery and Transparency Bill.” It would establish regional […]
BILLINGS, MT – In the wake of unprecedented meat supply chain disruptions and cattle market failures, congressional members have made numerous calls for antitrust investigations, the U.S. Department of Justice has announced several criminal indictments against officials of major meat (poultry) packing companies, and both chambers of Congress have held recent hearings. Three congressional hearings […]
