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Government shutdown looms after Trump-backed bill fails; Environmental groups sue CA Air Resources Board over biogas credits; NY elected officials work to electrify municipal buildings; Need a mental health boost? Talking hot dog is here.

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President-elect Trump repeats his threats to jail Jan. 6th committee members, while also putting a stop-gap spending plan in jeopardy. A court removes Fani Willis from Trump's Georgia election interference case. The FAA restricts drones in New Jersey, and a Federal Reserve rate cut shakes markets.

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Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

Proposed USDA rule defines “unfair” meat industry practice

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Tuesday, August 20, 2024   

A proposed rule from the U.S. Department of Agriculture would clarify fair practices in the American meat industry.

The Fair and Competitive Livestock and Poultry Markets rule would amend regulations under the 1921 Packers and Stockyards Act to define "unfair practices" as business conduct which harms the market and market participants.

Just four companies process about 85% of American beef--the result of a long process of corporate consolidation starting in the 1980s and was exposed during COVID-era market disruptions.

Nick Nemec, a longtime farmer and rancher, said the proposed rule could help.

"If we had -- you know, I don't know what the right number is -- a dozen, 20 packing plants slaughtering beef, then there'd be real competition in the marketplace," Nemec pointed out.

Vice President Kamala Harris, in a speech last week, said competition helps drive down prices. She also promised to support small businesses and implement a first-ever federal ban on price gouging, an approach her opponents called "price control."

Current laws against price gouging exist at the state level and some states do not have laws on it at all.

In South Dakota, Nemec runs a cow-calf operation and said while he does not deal directly with the big four beef corporations, he and his peers still feel the effects of the monopoly.

"We're the little bitty pipsqueaks at the bottom of the food chain," Nemec observed. "There's nothing we can do about it. I mean, we're at the whim of the market."

The comment period for the proposed rule ends Sept. 11.


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