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Biden blames meatpacking giants for soaring US meat costs

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AFP

Washington (AFP) – President Joe Biden offered independent US farmers $1 billion in aid Monday as part of a battle against meatpacking giants he blames for driving up food prices — and hurting smaller competitors. Biden was to meet by video with a group of independent farmers and ranchers to explain his “work to boost competition and reduce prices in the meat-processing industry,” the White House said. “The meat producers will talk about the challenges they have faced as large conglomerates have absorbed more and more smaller processors.” The White House unveiled an aid package including $375…

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