Story perspectives

Beef Prices Soar 18% as Trump Orders Investigation

11/12/2025

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Summary

Story summary

Beef prices in the United States surged, with cuts rising up to 18% month over month.
U.S. President Donald Trump ordered a Department of Justice investigation into major meatpacking companies for alleged price fixing.
The investigation has ranchers' support and aims to ensure competitive pricing, following actions against beef processors in Trump's first term and Biden efforts.
Tyson Foods reported nearly 4% higher chicken sales as consumers shift from beef.

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Story summary

Beef prices in the United States surged, with cuts rising up to 18% month over month.
U.S. President Donald Trump ordered a Department of Justice investigation into major meatpacking companies for alleged price fixing.
The investigation has ranchers' support and aims to ensure competitive pricing, following actions against beef processors in Trump's first term and Biden efforts.
Tyson Foods reported nearly 4% higher chicken sales as consumers shift from beef.