Meat & Livestock News

US Legislators Propose Examination of Meat and Poultry Industry Competition

WASHINGTON — A new legislative proposal has been introduced by US Representatives Randy Feenstra (R-Iowa) and Elissa Slotkin (D-Mich.) to promote fair competition within the meat and poultry sectors. 

Named the Livestock Consolidation Research Act, this bill mandates the US Department of Agriculture’s Economic Research Service (ERS) to undertake a comprehensive study assessing industry consolidation’s effects on livestock producers.

The research will cover various sectors, including beef, dairy, pork, broilers, eggs, and turkeys. Upon completion, the ERS will present findings on how consolidation influences new market entrants, resource accessibility, and the purchasing power of consumers.

Feenstra expressed concerns about the limited number of players in the current marketplace, which could disadvantage family farms and smaller producers. He emphasised the importance of understanding the industry’s dynamics and eliminating discriminatory practices. 

Reflecting on her family’s history in the meat business, Slotkin highlighted the challenges faced by family-owned farms due to the increasing dominance of large corporations. 

She also noted the vulnerabilities in the meat and poultry sectors exposed by the COVID-19 pandemic, stressing the need to bolster food security and protect consumers, farmers, and ranchers.