Beef Buzz News
Cattlemen And Congress Growing Impatient With USDA and DOJ Cattle Market Investigations
Wed, 09 Jun 2021 10:05:19 CDT
As the wheel of justice slowly grind away, cattlemen, including Roger Mills County rancher and U.S. Rep. Frank Lucas (R-OK), are growing impatient when it comes to the federal investigations of cattle market transparency.
Ron Hays Beef Buzzes With Cong. Frank Lucas
On todayís Beef Buzz, Cong. Lucas gives us the latest on the USDA and DOJ investigations.
Right now, we are in the process of the initial report under the Packers and Stockyards Act from the USDA, Lucas said.
Cong. Lucas noted there is a long list of recommendations legislatively implemented on the state and federal level.
This is in addition to the criminal investigation by the Department of Justice to determine if there is a violation of the antitrust laws.
We are waiting on the Department of Justice to finish their investigation and either seek indictments or ask for court action regarding potentially break up entities or to show where they found problems to be addressed quickly, Lucas said.
We need for the DOJ to finish their work so we can take it to the next step, Lucas said.
Lucas noted there is a long history of similar antitrust investigations dating back more than 100 years.
I know they have to be thorough, Lucas said.
If they find violations of the monopoly act, they have to have a iron clad case when they go to a federal judge, Lucas said.
But a lot of us need for this to happen sooner than later, Lucas said.
Whatever the results are going to be, let us get on with it, he added.
Click on the LISTEN BAR below to hear more of Ronís interview with Cong. Frank Lucas.
The Beef buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for todayís show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
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