WASHINGTON
– Sen. Chuck Grassley (R-Iowa) today joined Sen. John Thune (R-S.D.) and
several colleagues in urging Attorney General Merrick Garland to continue the
U.S. Department of Justice (DOJ) investigation into the nation’s four biggest
meatpackers. The
bicameral
letter also requested that DOJ provide Congress with updates on its
investigation and encouraged ongoing vigilance on this issue.
“Cattle
producers, especially small feeders, are again experiencing difficult
conditions that are threatening their ability to stay in business. With a tight
supply chain, any changes in processing capacity can have a dramatic impact on
cattle prices, preventing producers from capturing margin from boxed beef
rallies”
“It
is critically important that producers have fair and transparent markets for
the commodities they produce. We urge the DOJ Antitrust Division to continue
vigilance and where possible, provide updates of findings,” the members wrote.
The
letter was also signed by Sens. John Barrasso (R-Wyo.), Kevin Cramer (R-N.D.),
Steve Daines (R-Mont.), Joni Ernst (R-Iowa), Deb Fischer (R-Neb.), John Hoeven
(R-N.D.), and Cynthia Lummis (R-Wyo.) and Reps. Kelly Armstrong (R-N.D.), Liz
Cheney, (R-Wyo.), Randy Feenstra (R-Iowa), Ashley Hinson (R-Iowa), Mariannette Miller-Meeks (R-Iowa) and Matt
Rosendale (R-Mont.).
Grassley
is a
longtime
advocate for cattle producers and enhanced transparency in the meatpacking
industry. On March 13, 2020, Grassley sent a
letter with Sen. Jon Tester
(D-Mont.) regarding whether an undue or unreasonable preference or advantage
has occurred in violation of the
Packers and Stockyards Act. Later
that month, Grassley
called upon both USDA and the
DOJ to investigate potential market manipulation and other illegal activity by
large meatpacking companies during the COVID-19 pandemic.
Grassley
also recently reintroduced his
bipartisan
bill to increase transparency in the cattle market. This bill will make
systemic changes to the cattle industry to ensure longevity of independent
producers, which will protect our country’s beef supply.
Full
text of the letter can be found
HERE.