Lawmakers ask for investigation into sheep market - KOTA Territory News
Member Center:
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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