Cindy Axne: “Tearing down a levee that saved you and replacing it with one that didn't is the biggest waste of taxpayer dollars I can…”

Today, consumers are literally paying more for their beef, producers are receiving less for their cattle, and yet your four companies' net incomes have reached record highs.

Since 1980, roughly 17,000 cattle producers have gone out of business every year.

I have some grave concerns right now about what is happening at the SEC under Chair Gensler.

We've expressed the need to address the following primary challenges: lack of price discovery and transparency, meatpacking industry consolidation leading to fewer competitors, captive supply, and price manipulation.