President Joe Biden is set to meet virtually Monday with farmers, ranchers and independent meat processors from across the country to discuss the administration’s plans to create a fairer and more competitive supply chain for meat.

The White House said in advance of the meeting that only a few major companies control a majority of the meat, pork and poultry markets, and as a result, farmers’ profits have decreased and U.S. consumers are paying more at grocery stores.

The farmers are expected to discuss challenges they have faced as large companies have absorbed smaller processors, the White House said.


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