MIAMI, FLORIDA - JULY 22: Marlo Ramirez carries slabs of beef to be prepared for a customer in a grocery store on July 22, 2025 in Miami, Florida. Beef prices are hitting records, rising almost 9% since January, according to the Department of Agriculture. Industry experts say the increase in prices are due in part to drought conditions across the country that have caused herds to shrink, while the demand for beef continues to increase. (Photo by Joe Raedle/Getty Images)

Trump announces DOJ investigation into meat-packing companies, accusing them of artificially inflating beef prices

President Donald Trump ordered the Department of Justice (DOJ) to launch an investigation into the United States’ top meat-packing companies, accusing them of engaging in “collusion, price fixing, and price manipulation” to artificially inflate the price of beef.

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