[Congressional Record Volume 167, Number 200 (Wednesday, November 17, 2021)]
[House]
[Page H6328]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        CATTLE MARKET INTEGRITY

  (Mrs. MILLER of Illinois asked and was given permission to address 
the House for 1 minute.)
  Mrs. MILLER of Illinois. Madam Speaker, our Nation's cattle ranchers 
are going bankrupt and yet, the price of beef remains expensive and 
continues to rise.
  The price disparities between live cattle prices and wholesale beef 
rise in tandem with historic levels of consolidation in the meat 
packing sector and minimal levels of competition in the marketplace.
  My colleagues and I, along with cattle producers nationwide, are 
asking for action to strengthen the integrity of the cattle market and 
are requesting an update on the Department of Justice's investigation 
into the four largest meatpackers in the United States. We must 
determine if any manipulation, collusion, or other illegal activity may 
be occurring in order to ensure market transparency.
  It is vital for the continuation of the American beef industry that 
market manipulation is identified. We must stand with our farmers and 
ranchers for fair, competitive, and free market business practices.

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