DOJ Launches Probe of Major Meatpackers Over Alleged Beef Price Manipulation

Ranchers and industry groups have alleged that packers have undue influence over prices because of their consolidated control over the beef-processing market.

Beef at a grocery store in Elkridge, Md., on Oct. 24, 2025. Madalina Kilroy/The Epoch Times

The Department of Justice (DOJ) is investigating major meatpacking companies following allegations of price manipulation in the beef industry, Attorney General Pam Bondi said, after President Donald Trump called for immediate action.

On Nov. 7, Trump said on his Truth Social that he directed the DOJ to probe meatpacking firms for “illicit collusion, price fixing, and price manipulation.” He accused foreign-owned companies of artificially inflating prices and harming American ranchers.