Post by jamshundred on Oct 25, 2021 8:36:57 GMT
The link is to a long and very detailed article everyone should take time to read. The chart is stark reality. There is also an article about cattleman establishing their own slaughter facilities to work around the big corps. It can be found at: LancasterFarming.com
Link to the article: theconservativetreehouse.com/blog/2021/10/24/price-inflation-does-have-one-benefit-more-people-understand-now-that-free-markets-collapsed-years-ago-this-is-the-era-of-controlled-markets-the-beef-industry-is-spotlighted/#comments
some of the comments are worth scanning as well.
Quoted within the very detailed article :
Link to the article: theconservativetreehouse.com/blog/2021/10/24/price-inflation-does-have-one-benefit-more-people-understand-now-that-free-markets-collapsed-years-ago-this-is-the-era-of-controlled-markets-the-beef-industry-is-spotlighted/#comments
some of the comments are worth scanning as well.
Quoted within the very detailed article :
MATT STOLLER – […] Despite high consumer prices, independent ranchers are losing money, and going out of business. “If we don’t get some of these problems fixed quickly, we won’t have any independent ranchers in this country,” explained Oklahoma Farmers Union president Scott Blubaugh.
Why are there high prices to consumers and low prices to cattle ranchers? Grassley had an answer. “The four major beef packing companies control 80% of the cattle industry,” he told the House members. And they are what he called “a chokepoint” for the entire sector. In other words, follow the money. In the beef industry, it’s not Amazon, Apple, Google, and Facebook suppressing business, but “the Big Four” – Tyson’s, JBS, Cargill and National Beef, who control 85% of the market (and more in some regions). (read more)
Why are there high prices to consumers and low prices to cattle ranchers? Grassley had an answer. “The four major beef packing companies control 80% of the cattle industry,” he told the House members. And they are what he called “a chokepoint” for the entire sector. In other words, follow the money. In the beef industry, it’s not Amazon, Apple, Google, and Facebook suppressing business, but “the Big Four” – Tyson’s, JBS, Cargill and National Beef, who control 85% of the market (and more in some regions). (read more)