WASHINGTON, D.C. (KELO.com) — While cattle producers struggle to make ends meet, the largest meatpackers in the country have seen record profit margins.
South Dakota Senator John Thune has urged the U.S. Department of Justice to investigate the four large meatpackers that control more than 80 percent of the beef processing capacity in our country.
He wrote, ” It’s critically important that producers have a fair and transparent system to market their cattle, and I urge the Justice Department to conclude its work to determine if any improper or anticompetitive activity has occurred.