Executive Order 14364 · Signed Dec 6, 2025

90 FR 57349 · Published Dec 10, 2025 · Effective on signing

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Addressing Security Risks From Price Fixing and Anti-Competitive Behavior in the Food Supply Chain

food securityantitrust enforcementforeign investmentcompetition policyconsumer prices

Signed by President Donald Trump

The order creates parallel Food Supply Chain Security Task Forces at the Department of Justice and the Federal Trade Commission, directing them to investigate price fixing and anti-competitive behavior in food industries — with special focus on whether foreign-controlled companies are inflating food costs or threatening national security.

Establishes a two-year investigation-and-enforcement cycle that culminates in congressional briefings, with authority to pursue criminal grand juries, civil enforcement, and new regulatory proposals if violations are found.

What this order does

What it orders

The order directs the Attorney General and the FTC Chairman to each establish a Food Supply Chain Security Task Force within their respective agencies. Both task forces must investigate anti-competitive behavior — including price fixing — across food supply sectors such as meat processing, seed, fertilizer, and equipment, and must specifically assess whether foreign-controlled companies are driving up food prices or creating national security threats. If investigations uncover anti-competitive conduct, the agencies must act to remedy it, including through civil enforcement actions and proposed new regulations. If the DOJ task force finds evidence of criminal collusion, the Attorney General must commence criminal proceedings, including grand jury investigations as appropriate.

The two task forces must jointly brief congressional leaders and relevant committee chairs twice — once within 180 days and again within 365 days of signing — summarizing progress and recommending any congressional action. Briefings may not include information about ongoing investigations or non-public industry data. The order contains standard severability and no-private-right-of-action clauses, and implementation is subject to available appropriations.

Who it affects

Companies operating in the U.S. food supply chain — including meat processors, seed and fertilizer producers, and agricultural equipment makers — are the primary investigative targets. Foreign-controlled corporations in those sectors face heightened scrutiny. American consumers paying elevated food prices are the stated beneficiaries of the order's remedial goals.

Why it matters

Food companies found to have engaged in anti-competitive practices could face civil enforcement, new regulations, or criminal prosecution. For consumers, successful enforcement could reduce food prices; for foreign-controlled food companies, the investigations create significant legal and regulatory exposure regardless of outcome.

What must happen and when

How the order is supposed to work

Each agency stands up its own task force and investigates within its existing legal jurisdiction — DOJ covering potential criminal antitrust violations and the FTC covering civil competition enforcement. The two task forces coordinate for joint congressional briefings at the 180- and 365-day marks. Criminal referrals follow the standard DOJ grand-jury process. Enforcement teeth come from existing antitrust statutes; the order adds no new substantive law but directs agencies to deploy existing authority and to propose new regulations where gaps exist. No sunset clause is specified.

Actions and deadlines

  • Establish a Food Supply Chain Security Task Force within the Department of JusticeNo deadline specified
  • Establish a Food Supply Chain Security Task Force within the Federal Trade CommissionNo deadline specified
  • Jointly brief congressional leaders and committee chairs on task force progress and any recommended actionsWithin 180 days of signing
  • Deliver second joint congressional briefing on task force progress and any recommended actionsWithin 365 days of signing

Agencies directed to act

Department of JusticeFederal Trade Commission

Authority and reach

Authorities cited

Article II

Constitutional grant of executive power to the President.

Executive Order

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Executive Order 14364: Addressing Security Risks From Price Fixing and Anti-Competitive Behavior in the Food Supply Chain | EO Reporter