Tina Smith actually said...

"Meanwhile, consumers are paying more and more for beef while the big processors... are seeing soaring profits."

"It is very capital intensive, and it is very difficult for those without capital to figure out a way to participate."

"This imbalance in the market is exactly why Senator Rounds and I led a bipartisan and bicameral letter asking Attorney General Garland to investigate these anticompetitive practices in the marketplace..."

"I think that we do have a market concentration problem, and certainly the experiences of Minnesota calf producers, cow producers, cow-calf operations really bear that out."