Lawmakers ask for investigation into sheep market - KOTA Territory News

Lawmakers ask for investigation into sheep market


U.S. Senator John Thune and Representative Kristi Noem continue to demand answers as to why sheep market is experiencing a drastic decrease in the price per pound.

They have contacted the Department of Agriculture to investigate possible sheep market manipulation.

In August 2011, a typical 100-pound sheep would sell for 200 dollars; a year later the same sheep sold for 80 to 90 dollars.

However, the lower prices were not being passed along to the consumers.

"Our producers deserve to know if there's any market manipulation occurring, and this investigation will uncover it and help guide any actions that should be taken," said Noem.

"We were hearing about it from that industry, from people who raise sheep in our state. And obviously it's something we want to get to the bottom of," said Thune.

Both Thune and Noem hope to get a report back in the not-so-distant future.

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