27 May 2022 --- The US Department of Agriculture (USDA) has rolled out a package of initiatives, which include strengthening rules and enforcement against anticompetitive practices to “make food prices fairer”. The government agency is also injecting new funds of up to US$200 million to support national meat production operations and workforce training programs.“These actions combat market dominance by a small number of major meat and poultry processors in key markets, where excessive concentration and control has led to lower prices paid to producers and higher prices paid by consumers,” outlines the USDA.
