U.S. Senator Chuck Grassley was in Fort Dodge on Tuesday morning. He spoke about the recent U.S. Senate hearing on pricing transparency in cattle markets and what can be done to resolve the issues in the markets.
Grassley went on to talk about the next steps in the process to help livestock producers.
80% of the cattle market is controlled by four major meat packing companies. Grassley was asked if the federal government considers that a monopoly and what they would do about it going forward.
Grassley went on to say that the Justice Dept. has been investigating the lack of transparency for over a year.
Senator Grassley held a Q& A session at the Fort Dodge Growth Alliance.
(Photo Of Chuck Grassley Speaking At Fort Dodge Growth Alliance Tuesday Morning )