Biden to meet with farmers as he seeks to cut meat prices | AP News

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President Joe Biden will meet virtually with farmers and ranchers to discuss initiatives to reduce food prices by increasing competition. The event is part of broader effort to show the administration is trying to combat inflation.

to help independent meat processors expand. He also plans to highlight funding to train workers in the industry and improve conditions, as well as issue new rules for meatpackers and labeling requirements for being designated a “Product of USA.”

The Justice Department and the Agriculture Department will launch a joint effort to make it easier to report anti-competitive actions to the government. The administration will also seek to improve the transparency of the cattle market. The effort is part of a broader attempt to regain control of America’s economic narrative. Besides inflation, the repeated

 

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FWIW, yesterdays 'local' rag quoted live cattle at $139/cwt. Where they get their numbers, GOK. Back in 1971, I went w/my employer to the Chicago Union Stockyards, feeling very lucky to get 133/cwt that July day. I have no idea what $1.33 1971 compares to vs. $1.39 today, 2022.

As meat prices are soaring, there is no better time to GoVegan and save money on your grocery bill while improving your health and strengthening your immune system! Vegan plantbased EatVegan HealthIsWealth meatprices meat MeatlessMonday

LOL... day late, dollar short... and meeting with the pawns in the inflation derby

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Then quit importing food from other countries

If anything, farmers and ranchers should be getting paid MORE for what they produce. What needs to happen is getting everybody else's grubby hands off of the money that the farmers deserve, and get commodities like food and gas out of the futures markets. Like NOW.

I heard farmers and ranchers mutually agreed to start making virtual food to meet the demands of this initiative.

🤣🤣🤣

Increase competition, translation: making farmers take on inflation costs and lower their prices at their own expense so that the gov can hide the real inflation rate and its fiscal causes for a little bit longer.

Should be talking to packers. That’s where the money is going.

There are so many middle men involved this. The ranchers are the lowest on the pole. Then you have the processing plants, the distributors, and the stores. Each step the price gets gouged. You can buy a half a cow for a good price if you can store it cut out some of that

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