President Trump said he has authorized drafting legislation to break what he described as the monopoly of a handful of large food processors and to give farmers and ranchers the right to process their own products. He said the industry is effectively

2026-08-28

President Trump said he has authorized drafting legislation to break what he described as the monopoly of a handful of large food processors and to give farmers and ranchers the right to process their own products. He said the industry is effectively concentrated in about four firms, many of which he characterized as largely foreign-owned, and that the effort will move quickly.