Pork Industry Price Gouging Scheme Revealed
The industry narrative is that pork prices are up in California because of higher production costs to meet Prop. 12’s crate-free requirement, but this is not supported by the data.
The industry narrative is that pork prices are up in California because of higher production costs to meet Prop. 12’s crate-free requirement, but this is not supported by the data.
Farm Action’s Joe Maxwell will draw from the organization’s research to call for the U.S. government to crack down on corporate price gouging.
FTC’s report found that the largest grocers took advantage of supply chain disruptions during the pandemic to raise prices on consumers.
Egg companies’ profits are skyrocketing as they blame avian flu and inflation for their price hikes. Let’s call this what it is: price gouging.
Meatpackers pay a pittance in settlements compared to the record profits they make off these pricing schemes. There must be serious consequences for corporations that get rich by cheating consumers.
Three years after Tyson’s Holcomb KS plant fire, Big Meat is still using it as an example of a supply chain disruption — but this excuse just provides cover while they reap excessive profits.
After yet another multi million-dollar price-fixing settlement barely dented JBS’s record profits, it’s clear to Farm Action that settlements are just the cost of doing business.
With higher grain prices, farmers have more dollars to pay for inputs — and Farm Action suspects fertilizer corporations may be taking advantage of that.