Meatpacking CEOs Set to Take Heat From Congress Amid Soaring Prices

April 28, 2022 TOBIAS BURNS, The Hill

The CEOs of several meatpacking companies are expected to come under tough questioning from lawmakers Wednesday at a House hearing where soaring food prices are likely to take center stage.

Meat Prices Have Been Rising With Inflation. But Who’s Benefiting?

February 17, 2022 Marketplace

The grocery store is arguably where consumers feel inflation most. According to the Bureau of Labor Statistics, meat costs about 20% more than it did in 2021, and analysts expect prices to keep going up before they come back down. 

Analysis: High U.S. Meat Prices: Packer Profiteering or Capacity Crunch?

January 20, 2022 David Lawder, Reuters

The Biden administration is targeting a small group of meat packers for high beef, pork and poultry prices that it says are squeezing consumers and fueling inflation, arguing that they are abusing their market power.

North American Meat Institute to House Judiciary: Meat & Poultry Industry not to Blame for Inflation

The North American Meat Institute (Meat Institute) today said consumers saw increased meat prices in 2021 because of labor shortages, greater consumer demand, supply chain problems and other factors experienced by most sectors of the economy.

White House National Economic Council Blog the Latest Attempt to Paint Meat Industry as Food Inflation’s Boogeyman -NCC

December 23, 2021 National Chicken Council

The most recent drumbeat from the White House National Economic Council (NEC) blaming the meat and poultry industry for their failed policies and rising meat prices came yesterday in a blog post. Let’s look at the facts according to the federal government’s own data.