Beef packers who are selling at higher prices while paying farmers less for cattle are under investigation, United States Secretary of Agriculture Sonny Purdue announced this week.
It’s the second time the packers have angered farmers and prompted an investigation.
The investigations began last summer after a fire destroyed Tyson Foods’ plant at Holcomb, Kansas.
The National Cattlemen's Beef Association (NCBA) said it is pleased that Purdue has heeded its request to address the market volatility that has seen cattle futures and cash markets plunge while retail prices have spiked higher.
