Sen. Deb Fischer spoke on Fox News Thursday about the coronavirus's severe consequences for agriculture.
Fischer called for an investigation into possible anticompetitive behavior in the beef supply chain, according to a news release.
“Right now, we are seeing great prices for the packers. I understand that markets cycle up and down, but when you have such a discrepancy in prices compared to the family farmer working on his ranch to produce that critter which is going to end up as a good steak, that needs to be looked into,” Fischer during the interview.
Fischer wrote to Senate Judiciary Antitrust Subcommittee leadership calling for a public hearing to examine competition and claims of possible market manipulation. Consequently, Chairman Mike Lee (R-Utah) and ranking member Amy Klobuchar (D-Minn.) wrote to the Department of Justice calling for investigations into potential anticompetitive activity.