The Justice Department announced that it has launched an active investigation into potential antitrust violations involving the U.S. cattle and beef markets, combing through over 3 million documents and interviewing industry participants as federal authorities look into whether highly concentrated meatpacking power has led to high beef prices across the country.
The four largest beef processors currently control well over 85% of the U.S. processing market. Trump administration officials revealed that half of these processors are Brazilian-owned. Acting Attorney General Todd Blanche held a news conference on May 4, 2026, where he urged whistleblowers to turn in bad actors who are contributing to increased meat prices for Americans.
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