US Department of Justice investigates antitrust practices against meatpacking companies.

This Monday (4), the United States Department of Justice announced that it is conducting a investigation into antitrust practices carried out by large meatpacking plants in the country. According to the authorities, there are evidence of artificial inflation in beef pricesAccording to the department, more than 3 million documents have been analyzed and interviews are being conducted with industry members to verify… possible fraud node processing and marketing of beef proteinThe decision, announced by White House, occurs during a period of drastic reduction of the cattle herdAmong those targeted in the investigation are: the Brazilian JBSa National Beef – MBRF subsidiary, and the American women Tyson and CargillCurrently, these Four companies control 85% of cattle purchases in the US.This market concentration, according to US authorities, could cause distortions in… prices of livestock for slaughterA Secretary of Agriculture, Brooke Rollins, also expressed concerns about food security for the US population. Second Rollins, the country had about 86.2 million head of cattle and calves as of January 1st.the lowest number since the 1950s.

This text was translated by machine from Brazilian Portuguese.