Meatpacking Giants Subject Of USDA Probe

Law360, New York (May 3, 2010, 4:07 PM EDT) -- The U.S. Department of Agriculture is carrying out a comprehensive probe into whether the nation's largest meatpacking companies are illegally driving down the price of cattle, according to the head of a group representing independent cattle producers.

Bill Bullard, the CEO of R-CALF USA — a cattle producer's legal fund — said the USDA's Grain Inspection, Packers and Stockyards Administration has been talking to members of his group for months and said regulators appeared to be conducting a full investigation of meatpacker purchasing patterns in the...
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