Overview
- Attorney General Pam Bondi said the Department of Justice has launched an investigation into Cargill, Tyson Foods, JBS and National Beef after the president’s order.
- Cargill was identified in new reporting as among the companies under scrutiny, and the firm did not immediately comment.
- The White House accused the packers of collusion, price fixing and manipulation and vowed to root out any illegal conduct to protect consumers and ranchers.
- Industry group the Meat Institute countered that packers have been operating at a loss due to a decades‑low cattle supply and strong demand.
- The administration also moved to quadruple low‑tariff beef imports from Argentina, drawing producer backlash, while Reuters reporting cited by MPR notes the four companies process over 80% of U.S. cattle for meat cuts.