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Event Brief

DOJ probes whether beef price surge reflects consolidation

The DOJ is investigating whether corporate consolidation contributed to near-record U.S. beef prices.
WHO: The U.S. Department of Justice (DOJ)
WHAT: The DOJ opened an investigation into whether corporate consolidation is affecting beef prices near record levels.
WHEN: May 4, 2026 at 3:44 PM ET
WHERE: United States
WHY: The investigation is a response to near-record beef prices.

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