President Donald Trump has ordered an investigation into rising meat prices.
On Friday, he announced on Truth Social that he has directed the Department of Justice (DOJ) to look into meatpacking companies to investigate potential “illicit collusion” that may be playing a part in driving up the price of beef.
Look:
— Rapid Response 47 (@RapidResponse47) November 7, 2025
“I have asked the DOJ to immediately begin an investigation into the Meat Packing Companies who are driving up the price of Beef through Illicit Collusion, Price Fixing, and Price Manipulation. We will always protect our American Ranchers, and they are being blamed for what is being done by Majority Foreign Owned Meat Packers, who artificially inflate prices, and jeopardize the security of our Nation’s food supply,” he wrote. “Action must be taken immediately to protect Consumers, combat Illegal Monopolied, and ensure these Corporations are not criminally profiting at the expense of the American People. I am asking the DOJ to act expeditiously.”
The White House released a statement on the announcement, sharing some information with those who may not know what has been going on in the meat industry:
- For too long, a handful of giant meat packers have squeezed America’s cattle producers, shrunk herds, and jacked up prices at the grocery store. By examining whether these companies have violated antitrust laws through coordinated pricing or capacity restrictions, this investigation will root out any illegal collusion, restore fair competition, and protect our food security.
- The “Big Four” meat packers — JBS (Brazil), Cargill, Tyson Foods, and National Beef — currently dominate 85% of the U.S. beef processing market, up from just 36% in 1980. Two of these companies, including the largest meat packer in the world, are either foreign-owned or have significant foreign ownership and control.
- Industry consolidation has crushed competition and hammered cattle producers. In the 1980s, the top four packers purchased one-third of all fed cattle; by the mid-1990s, that share exploded to over 80% and has only grown more concentrated since.
- This has led to the exploitation of American consumers, farmers, and ranchers. In fact, mounting evidence shows this monopoly power has slashed payments to ranchers, reduced herd sizes, driven up consumer prices, and threatened America’s food supply chain.
Attorney General Pam Bondi confirmed that the investigation is “underway” in an X post:
Our investigation is underway! My Antitrust Division led by @AAGSlater has taken the lead in partnership with our friend @SecRollins at @USDA. https://t.co/KP0zlO9RQg
— Attorney General Pamela Bondi (@AGPamBondi) November 7, 2025
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Sierra Marlee is a millennial whose hunger for the truth in a world of fake news has led her to write. Marlee also contributes to BizPac Review.
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