‘Big Four’ meatpackers under fire as beef prices soar
The Guardian World
by Ted Genoways, Food & Environment Reporting NetworkFebruary 25, 2026
AI-Generated Deep Dive Summary
The 'Big Four' meatpackers— Tyson Foods, JBS USA, Cargill, and National Beef Packing Company—are under scrutiny as beef prices rise sharply. McDonald’s and other food industry players accuse these companies of colluding to fix prices and engaging in price-gouging practices. The packers, however, deny these allegations, maintaining that market conditions, including supply chain disruptions and labor shortages, are driving up costs.
The situation took a personal toll on workers at Tyson Foods’ Lexington, Nebraska plant, where all employees were abruptly told on November 21 that their jobs were no longer available. Many gathered in the parking lot after being dismissed, some emotional and concerned about how they would cover bills like rent, utilities, and car payments. One worker, Constancio Perales, who had spent 25 years at the plant, expressed his distress over losing his livelihood suddenly.
This controversy highlights broader concerns about concentration in the meatpacking industry and its impact on both workers and consumers. Critics argue that the 'Big Four' dominate the market, which could limit competition and lead to unfair pricing practices. Meanwhile, the plant closure underscores the vulnerability of workers in such industries, many of whom rely on these jobs for their livelihoods.
The outcome of this situation will likely influence ongoing discussions about antitrust regulations and labor rights in the food industry. Advocacy groups are calling for stronger oversight to prevent similar disputes and protect both workers and consumers. This case also raises questions about the broader implications of corporate consolidation in key sectors, particularly when it affects everyday goods like meat products.
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Originally published on The Guardian World on 2/25/2026