GLC Agronomy



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Meat Institute: Industry Not to Blame for Inflation
USAgNet - 01/20/2022

The North American Meat Institute (Meat Institute) today said consumers saw increased meat prices in 2021 because of labor shortages, greater consumer demand, supply chain problems and other factors experienced by most sectors of the economy.

"Inflation is hurting consumers by erasing the wage gains workers received due to the tight labor market and the pandemic," said Julie Anna Potts, President and CEO of the North American Meat Institute. "It is no wonder the Biden Administration and some members of Congress would rather hold press conferences and hearings instead of addressing the labor shortage and supply chain bottlenecks."

The Meat Institute submitted additional testimony for a hearing of the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law called, Reviving Competition, Part 5: Addressing the Effects of Economic Concentration on Americas Food Supply.


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