[Congressional Record Volume 168, Number 24 (Monday, February 7, 2022)]
[House]
[Page H982]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   IOWA'S INDEPENDENT BEEF PRODUCERS

  (Mr. FEENSTRA asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. FEENSTRA. Mr. Speaker, I rise today in strong support of Iowa's 
independent beef producers amid the ongoing DOJ investigations into 
anticompetitive behavior by the Big Four Meat Packers.
  On Wednesday, JBS Foods, the world's largest meat supplier, paid $52 
million to sweep their price-fixing shenanigans under the rug. But they 
can't hide what we have known all along. These big meat packers are 
illegally distorting the market to increase their profits and at the 
expense on Iowa family farmers. It is shameful and it is wrong.
  That is why we need to pass the Cattle Price Discovery and 
Transparency Act to finally hold big packers accountable and help 
Iowa's small, independent producers compete on a level playing field. 
That is what a free and fair market is all about. It is time that DOJ 
do its job and take real steps to hold Big Four Meat Packers 
accountable.
  We have waited long enough.

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