5-3 news: R-CALF: Feds conducting investigation of major meatpackers
The investigation is under way as the Justice and Agriculture Departments hold a series of antitrust hearings on competition in agriculture, and the USDA is expected to release sweeping antitrust rules covering the meat industry this spring, AP reports.
Bill Bullard, chief executive officer of R-CALF USA, said the federal Grain Inspection, Packers and Stockyards Administration has been speaking with his group's members for months and is "clearly asking questions in the context of an investigation."