Trump vows legal order to break up food processing 'nasty monopoly'
Trump says the order would target four dominant meatpackers as beef prices rise and ranchers push back against tariff-free imports.
- On Friday, President Donald Trump advanced efforts to roll back regulations for meat processors, seeking to allow farmers and ranchers to process their own food without relying on USDA-inspected facilities.
- These moves follow backlash over Trump's plan announced last week to import 300,000 metric tons of ground beef at 25% below market price, a decision that frustrated American cattle ranchers.
- Trump claims the industry is a 'nasty Monopoly' dominated by four 'Big Processors,' arguing their control makes life miserable for producers while much ownership is based outside the United States.
- Urging Trump to 'break the back' of processing plants, radio host Glenn Beck prompted the policy shift during a Wednesday conversation, cutting regulations requiring Agriculture Department oversight.
- While the White House has not clarified which regulations will be waived, the administration faces pressure to balance consumer demands for lower meat prices with concerns of domestic producers facing cattle shortages.
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The Daily Caller
Ranchers Say Beef Market Has ‘Been Hell’ As Trump Announces Plan To Try And Help
Ranchers who spoke with the DCNF said smaller processors face significant challenges competing with major meatpackers, including economies of scale, federal inspection requirements, labor shortages and distribution costs, raising questions about how much Trump’s proposal could actually change the economics of the cattle industry.
Ranchers say beef market has ‘been hell’ as Trump announces plan to try and help - The Daily Bo Snerdley
President Donald Trump’s Friday push to let farmers and ranchers process their own meat received mixed reviews from cattle producers who said expanding independent processing could help ranchers but would not address all of the economic problems that have squeezed them. Trump authorized legal documents Friday allowing farmers and ranchers to process their own meat, saying the move would help break up what he called a “nasty Monopoly” among major…
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