The U.S. Department of Agriculture’s investigation of record beef packer margins following a fire at a Tyson packing plant in Kansas could take some time. USDA Undersecretary for Marketing and Regulatory Programs Greg Ibach says to dig deep into the incident will take weeks or months.
He says several factors led Secretary Perdue to call for an inquiry.
Ibach says his agency intends to do its job and make sure there was no price manipulation in the cattle market.
Ibach made his comments while attending the Nebraska State Fair in Grand Island.
