Criminal Liability
The Antitrust Division says it sent letters to Kroger, Publix, Walmart, Albertsons, Aldi, Ahold Delhaize, Costco, and Amazon.
The DOJ is conducting a criminal antitrust investigation into major beef processors, following years of concern over market concentration.
RFD News Farm Legal Expert Roger McEowen discussed red flags landowners should watch for during property transactions.
Agricultural property presents unique opportunities for scammers to impersonate landowners and attempt to sell rural property they do not own. And in many cases, they are getting dangerously close to succeeding.
Agri Stats would no longer be allowed to show participant lists, rankings, or “flags,” and it could only report individual company data in narrow situations.
“Irresponsible Lending Has No Place in Government Programs,” the U.S. Department of Agriculture said in a press release.
This case could influence how much leverage grain shippers have when a preferred rail outlet is blocked or priced too high.
U.S. Cattlemen’s Association President Justin Tupper joins us to discuss the DOJ packer investigation, industry competition, and the outlook for cattle producers.
Federal officials are signaling a more aggressive push on beef packer concentration, but any direct market impact will depend on what the investigation actually finds.
DOJ and USDA investigate beef industry concentration, with Big Four packers under scrutiny and a major settlement announcement expected later this week.