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DOJ Meatpacker Probe

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DOJ Meatpacker Probe

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Benzinga

9 Views • Apr 21, 2026

Description

The DOJ's antitrust division is investigating whether major meatpackers including Tyson Foods, Cargill, JBS, and National Beef engaged in criminal anticompetitive conduct. The probe examines how companies use pricing benchmark contracts that some ranchers say are manipulated. Beef prices have reached record highs amid a nationwide cattle shortage. JBS said it is unaware of any criminal probe. Tyson, Cargill, and National Beef declined to comment.