As Beef Prices Remain High, Trump Calls for Inquiry Into Meatpackers

As beef prices continue to soar, the Justice Department has opened an investigation into possible collusion among major meatpackers, including JBS, in response to calls from Trump for greater scrutiny. This investigation may provide some relief to ranchers who have been adversely affected by high prices, but the extent of its impact is still unclear. The inquiry reflects ongoing concerns about market practices in the meatpacking industry and the need for transparency and fairness in pricing. While the investigation could lead to significant changes, the effectiveness and outcomes remain uncertain, leaving ranchers and consumers alike watching closely.