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CEOs of four large U.S. meatpackers to testify in Congressional hearing

Beef prices up for consumers, down for ranchers

Washington | Reuters — The chief executives of U.S. meatpackers Cargill, Tyson Foods, JBS and National Beef Packing have agreed to testify at a Congressional hearing discussing cattle markets and price increases for consumers, House agriculture committee chairman David Scott said Wednesday. “It is very important, very vital, and very urgent that we hear the



U.S. House panel seeks information from meat-processing firms on rising prices

U.S. House panel seeks information from meat-processing firms on rising prices

Reuters – The chairman of the U.S. House of Representatives subcommittee on economic and consumer policy has sent a letter to major U.S. meat-processing companies, seeking information on rising prices and profits. The companies included Tyson Foods, JBS Foods, National Beef and Seaboard. Representative Raja Krishnamoorthi, the chairman of the panel, asked for information about