Stitt voices support for investigation of meatpacking industry and prices
Cory Smith, 25 May 2021
TULSA, Okla. (KTUL) – Gov. Kevin Stitt and Blayne Arthur, the Oklahoma Secretary of Agriculture, sent a letter last week to the U.S. attorney general in support of the investigation into price-setting in the meatpacking industry.
They say the lack of competition in the meatpacking industry means possible “market manipulation” that squeezes profits for Oklahoma’s 52,000 cattle operations.
“The substantial margins between the live cattle prices our ranchers receive and the retail prices consumers pay at the grocery store are a continuing source of concern and frustration for Oklahoma’s beef industry,” reads part of the letter. Continue reading “Article: Stitt voices support for investigation of meatpacking industry and prices”
