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U.S. House panel seeks information from meat processing firms on rising prices -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – Rep. Raja Krishnamoorthi, a Democratic-IL, questions Gordon Sondland (US Ambassador to the European Union), during an House Intelligence Committee Hearing as part of the impeachment investigation into U.S. President Donald Trump, on Capitol Hill, Washington, U.S.

(Reuters) – On Tuesday, the chairman of U.S. House of Representatives’ subcommittee of economic and consumer policies sent a letter to U.S. beef processing companies asking for details on increasing profits and rising prices.

Companies included Tyson Foods (NYSE:), JBS Foods and National Beef. Raja Krishnamoorthi was the chair of the panel and asked for details about any price hikes in beef, pork, or chicken products.

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