Sunday, May 28

US House panel seeks information from meat processing firms on rising prices

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The chairman of the US House of Representatives subcommittee on economic and consumer policy sent a letter on Tuesday to major US meat processing companies, seeking information on rising prices and profits.

The companies included Tyson Foods, JBS Foods , National Beef and Seaboard. Representative Raja Krishnamoorthi, the chairman of the panel, asked for information about price increases on beef, pork and chicken products, the panel said on Tuesday. (Reporting by Kanishka Singh in Bengaluru)