Washington, D.C. In the wake of President Obama s campaign promise to prevent anti-competitive behavior against family farmers and ranchers, the U.S. Department of Agriculture (USDA) and the U.S. Department of Justice (Justice) today announced that both Departments will work together to accomplish this important goal.
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The agencies joint news release states, "the U.S. Department of Agriculture (USDA) and the Department of Justice will hold joint public workshops to explore competition issues affecting the agriculture industry in the 21st century and the appropriate role for antitrust and regulatory enforcement in that industry.
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This announcement came less than a week after R-CALFUSA met in Washington, D.C., with numerous officials from Justice s antitrust division and with USDA s Grain Inspection, Packers and Stockyards Administration (GIPSA) Administrator.Â
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"During that meeting, R-CALFUSA delivered a 61-page presentation demonstrating that the U.S. cattle market is suffering from antitrust activities and anticompetitive practices by the highly concentrated beef packing industry, said R-CALFUSA CEO Bill Bullard. "We provided charts and graphs that demonstrate the entire U.S. livestock industry is in a severe state of crisis, including 12 specific examples demonstrating market failure in the U.S. cattle market.
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These 12 examples include:Â
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1) a disconnect between cattle prices and beef prices;
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