The case for breaking up the big meat packers and retailers!

Hello all,

Below is a chart I recently created that shows the relationship between cattle prices and consumer beef prices. It reveals that the new “lag time” (the phenomenon whereby the drop in retail beef prices occurs sometime after a drop in cattle prices) far exceeds the historical lag time, indicating that beef packers/retailers are now able to exploit consumers with their tremendous market power.

Bill Bullard, R-CALF USA