In this file:

 

·         'America doesn't run on Tofu, it runs on real food': Republicans tear into Biden administration's plans

Republicans are ripping the Biden administration on Thursday over its plan to crack down on big meatpacking companies and for blaming a sharp increase in grocery prices under President Biden's watch on beef, pork and poultry.

 

·         Biden administration plans tougher action to rein in meat prices

… the administration sees those companies collecting too much profit after the stimulus helped prop up demand for their products...

 

·         How The Biden Administration Plans To Lower Meat Prices

… The concrete steps the Biden administration lists include cracking down on price fixing, providing relief to smaller farmers to increase competition, supporting farmers affected by extreme weather, and establishing more transparent and fairer markets…

 

 

 

'America doesn't run on Tofu, it runs on real food': Republicans tear into Biden administration's plans to crack down on beef, poultry and pork industries to combat rising grocery prices

 

o   The Biden administration plans to take a tougher stance toward meatpacking companies it says are causing sticker shock at grocery stores

o   Republicans have ridiculed the administration's argument for it on Twitter

o   Rep. Byron Donalds said in a statement to DailyMail.com that the rise in grocery prices is due to 'Bidenomics and the socialist spending spree in Washington'

o   National Economic Council Director Brian Deese and Agriculture Secretary Tom Vilsack appeared at Wednesday's press briefing

o   About half of the overall increase in grocery prices are coming from significant hikes in the cost of beef, pork and poultry, Deese said

o   Four companies control much of the U.S. meat processing market, and White House officials blamed those companies for rising food prices

o   He and Vilsack outlined some of the steps the administration is taking to mitigate what Deese called 'pandemic profiteering' from the top companies

 

By Elizabeth Elkind, Politics Reporter For Dailymail.Com (UK) and Reuters

9 September 2021

 

Republicans are ripping the Biden administration on Thursday over its plan to crack down on big meatpacking companies and for blaming a sharp increase in grocery prices under President Biden's watch on beef, pork and poultry.

 

It comes after the Biden administration announced plans to take a tougher stance toward meatpacking companies it says are causing sticker shock at grocery stores.

 

Four companies control much of the US meat processing market, and White House officials blamed those companies for rising food prices.

 

During Wednesday's press briefing, National Economic Council Director Brian Deese and Agriculture Secretary Tom Vilsack spoke about the actions the administration was taking to help alleviate what Deese called 'pandemic profiteering' from the top meat processing companies.  

 

'Thank you, Brian Deese, for again proving why the rest of America cannot stand coastal elites,' Rep. Byron Donalds of Florida wrote on Twitter. 'NEWS FLASH: People in REAL AMERICA are impacted by the increase in beef, pork, and poultry prices.'

 

'America doesn't run on tofu; it runs on real food.'

 

Donalds told DailyMail.com in a Thursday morning statement, 'The Biden-Harris administration needs to stop shifting the blame onto everyone for the policies they created.'

 

'The rise in beef, poultry, and pork prices amongst several other essential goods and services directly results from Bidenomics and the socialist spending spree in Washington,' the lawmaker wrote.

 

From the White House podium Wednesday, Deese blamed 'about half of the overall increase in grocery prices' on 'significant increases' in beef, pork and poultry products...

 

more

https://www.dailymail.co.uk/news/article-9974141/America-doesnt-run-Tofu-runs-real-food-GOP-tears-Biden-plan-crack-meat.html

 

 

Biden administration plans tougher action to rein in meat prices

 

Reporting by Trevor Hunnicutt in Washington; Additional reporting by Tom Polansek in Chicago; Editing by Matthew Lewis, Reuters via Kitco News - September 08, 2021

 

WASHINGTON (Reuters) - The Biden administration plans to take a tougher stance toward meatpacking companies it says are causing sticker shock at grocery stores.

 

Four companies control much of the U.S. meat processing market, and top aides to President Joe Biden blamed those companies for rising food prices in a blog on Wednesday.

 

As part of a set of initiatives, the administration will funnel $1.4 billion in COVID-19 pandemic stimulus money to small meat producers and workers, administration aides said in the blog post. They also promised action to "crack down on illegal price fixing," White House aides said in the blog post.

 

Four companies slaughtered about 85% of U.S. grain-fattened cattle that are made into steaks, beef roasts and other cuts of meat for consumers in 2018, according to the most recent data from the U.S. Department of Agriculture (USDA).

 

The big four processors in the U.S. beef sector are: Cargill, a global commodity trader based in Minnesota; Tyson Foods Inc, the chicken producer that is the biggest U.S. meat company by sales; Brazil-based JBS SA, the world's biggest meatpacker; and National Beef Packing Co, which is controlled by Brazilian beef producer Marfrig Global Foods SA.

 

Price increases in beef, pork and poultry have driven half of the increased prices Americans have paid for food they eat at home since December, the White House said. And the administration sees those companies collecting too much profit after the stimulus helped prop up demand for their products...

 

more

https://www.kitco.com/news/2021-09-08/Biden-administration-plans-tougher-action-to-rein-in-meat-prices.html

 

 

How The Biden Administration Plans To Lower Meat Prices

 

By Felix Behr, Mashed

Sept. 9, 2021

 

Yesterday, the White House outlined in a blog post its intentions to bring greater scrutiny to meat processors.

 

These companies, the White House argues, have made tremendous profits during the ongoing pandemic at both the expense of the meat workers who have been most vulnerable and the consumers who have seen meat prices continue to rise. "During the pandemic, wholesale prices for beef rose much faster than input prices for cattle," the post states. "That means that the prices the processors pay to ranchers aren't increasing, but the prices collected by processors from retailers are going up." This has resulted in the top firms reaping the highest profits in years.

 

The concrete steps the Biden administration lists include cracking down on price fixing, providing relief to smaller farmers to increase competition, supporting farmers affected by extreme weather, and establishing more transparent and fairer markets.

 

These intentions, Reuters notes, are responding to how raised meat prices have contributed to half of the grocery bill increases shoppers have experienced since December. It also provides the government the opportunity to tackle the meat monopoly that Vox described back in February. In its report, JBS, Tyson Foods, Cargill, Smithfield, Hormel, and National Beef control two thirds of all meat production in the United States. These aren't actual farmers, either. Rather, according to The Guardian, they are meat processing corporations that hire independent farmers to raise chickens with strict specifications.

 

More about the price fixing accusation ...

 

more, including links

https://www.mashed.com/599689/how-the-biden-administration-plans-to-lower-meat-prices/