USA, Holcomb. The US beef sector is placed under scrutiny for price manipulation, with the Secretary of Agriculture Sonny Perdue ordering an investigation following a fire at Tyson’s Holcomb plant in Kansas.
He commented on the situation: “As part of our continued efforts to monitor the impact of the fire at the beef processing facility in Holcomb, I have directed USDA’s Packers and Stockyards Division to launch an investigation into recent beef pricing margins to determine if there is any evidence of price manipulation, collusion, restrictions of competition or other unfair practices. If any unfair practices are detected, we will take quick enforcement action.”