Aug 22 2013 August 22, 2013 August 22, 2013 NoComment by Mike Callicrate

NOBULL: What are Big Retailers and Meat Packers Doing to Cattleman?

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What are Big Retailers and Meat Packers Doing to Cattleman?

Compared to a competitive time in the industry in the 1970’s, the monopoly power of the big retailers and meat packers has left today’s cattle producers nearly $600 per head short of their share of what consumers spend for beef at the retail meat counter. According to USDA data, there has been nearly a 20% loss of the consumer dollar at the farm gate since 1975. The economies of scale and efficiency arguments that enabled today’s unprecedented concentration have destroyed the competitive marketplace…MORE