Biden Admin Spars With Food Processors Over Rising Meat Prices

Biden Admin Spars With Food Processors Over Rising Meat Prices
Agriculture Secretary Tom Vilsack, joined by Director of the National Economic Council Brian Deese, speaks on rising food prices at a press briefing at the White House in Washington, D.C., on Sept. 8, 2021. Kevin Dietsch/Getty Images
|Updated:

The Biden Administration is pointing to corporate consolidation as the reason for the rising costs Americans are paying for food, but Tyson Foods, the nation’s largest meat processing company, says it rejects this assessment.

A report released by the White House on Wednesday said that about half of the added expenses that consumers have paid at the checkout aisle over the past few months can be attributed to three meats: beef, pork, and poultry. According to the report, prices for beef have risen by 14.0 percent, pork by 12.1 percent, and poultry by 6.6 percent since last December.