There's been endless talk, but Biden is actually trying to do something to break the stranglehold of
Theres been endless talk, but Biden is actually trying to do something to break the stranglehold of meatpackers.Its ridiculous that meatpackers are making record profits on beef while ranchers in South Dakota and the rest of the nation are barely breaking even on their cattle.
A few days ago The New York Times did an in-depth piece on the subject titled Record beef prices, but ranchers arent cashing in. If you look at the piece, youll read the same story that ranchers have been trying to tell for decades: the meatpacking industry has gotten so concentrated that it has effectively eliminated real competition for cattle purchases. There just arent enough bidders to make a decent, competitive market for cattle producers.
A Montana rancher quoted in the NYT piece put it succinctly: youre feeding America and going broke doing it.
As a partner in a cattle feeding operation back in the 90s, I can appreciate the frustration because it seemed like a regular flow of profits to meatpackers only sporadically trickled down to ranchers. I remember trying to sell slaughter-ready cattle to a tiny number of buyers, sometimes just one, who rarely differed much in what they would pay for our steers and heifers.
Read more: https://www.sdstandardnow.com/home/theres-been-talk-and-talk-and-talk-and-talk-but-biden-is-actually-doing-something-to-break-the-stranglehold-of-meatpacker-concentration
(South Dakota Standard)
multigraincracker
(32,687 posts)stopped selling all cattle for just one month, they would have the packers on their knees.
Organize.
In the mean time, support the politicians that are ready to "Bust the Trust".
BComplex
(8,053 posts)Republicans are the party against ANY type of regulation....except against POC voting, and women's bodies, of course. The ranchers, and other republican voters, need to figure this out some day, and it's high time democrats and democratic elected officials and candidates start making it totally clear.
JI7
(89,251 posts)BComplex
(8,053 posts)get our message out better. Everything we do is better for the majority, and always better on the big issues.
JI7
(89,251 posts)Hortensis
(58,785 posts)reflects increasing extremism, not just toxic partisanship.
Extremism is being spread and weaponized to get us to join the right in destroying our democracy.
Representative government literally cannot exist without cooperation and compromise.
Biden said, Capitalism without competition isnt capitalism, its exploitation. That's something we and conservative cattle ranchers can agree on. Fervently.
ShazamIam
(2,574 posts)monopolization and privatization of everything.