Exhibit 623 ยท Trade association statement
Meat Institute Issues Statement on Beef Processing Sector DOJ Investigation
Despite high consumer prices for beef, beef packers have been losing money because the price of cattle is at record highs,
Industry position: packers are operating at a loss because cattle prices are at record highs, and the industry welcomes a "fact-based discussion about beef affordability." A position statement, not evidence of packer margins.
- Source
- North American Meat Institute
- Date
- 7 November 2025
- Quoted from
- Paragraph 2
- Grade
- Primary record
- Document
- https://mail.meatinstitute.org/node/917
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit
- Note
- Date taken from search-result metadata; the page copy read does not print the date.