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Beef prices are near record levels. The DOJ wants to know if something shady is afoot.

By Market Watch May 04, 2026 Bearish
Beef prices are near record levels. The DOJ wants to know if something shady is afoot.
The summer grilling season, smaller cattle herds, droughts, wildfires, processing-plant closures and other supply disruptions have helped push meat prices to record highs this year. Now, the U.S. government is investigating whether corporate consolidation is also at play.
The summer grilling season, smaller cattle herds, droughts, wildfires, processing-plant closures and other supply disruptions have helped push meat prices to record highs this year. Now, the U.S. government is investigating whether corporate consolidation is also at play.