President Joe Biden has declared war on Big Meat. Yup, Biden’s war. The president pinky swears new rules and a billion dollars in new funding will somehow end decades of what amounts to a meat monopoly in the beef, pork and chicken industries.
With Marfrig Global Foods' purchase of National Beef Packing Company, two of the four largest U.S. beef processors will be owned by Brazilian companies, which has some cattle ranchers worried.