Page 2 - Meat Processing Industry News Today

As much of a focus. you got into the issue of the consolidation problem. some of the medium to long-term problems in the meat processing industry. but it seems like the biggest problem were all facing right now is a labor shortage. what in this plan short term can help with that? >> well, i think two aspects. in the plan itself $100 million that will be allocated to workforce development to make sure that we can adequately staff more processing capacity. with more processing capacity, well have ...

Law-abiding citizens are tired of being told that the biggest threat that they face is the unmasked, on facts, and the omicron variant. its a violent homicides in the streets. >> trace: the efforts that we are seeing in los angeles and in san francisco. do you see this going forward in other states around the country? >> there is such an extraordinary amount of money. as you know, guys like larry krasner, limitless funds. in these off your elections and recall elections, theyre not as organized....

Winners for economics say it will ease long-term inflationary pressure. the bottom line, if price increases are what youre worried about, the best answer is my build back better plan. third thing were going to do, promote competition. look, in too many industries, a handful of giant companies dominate the market in sectors like meat processing, railroads, shipping and other areas. this isnt a new issue. its not been the reason weve had high inflation today. its not the only reason. its been happ...

Thats why 17 nobel prize winners for economics say it will ease long-term inflationary pressure. the bottom line, if price increases are what you are worried about, the best answer is my build back better plan. third thing we are going to do, promote competition. look, in too many industries a handsful of giant companies dominate the market in sectors like meat sproesing, railroad shipping and other areas. this is not a new issue. its not the reason we have high inflation today. it is not the on...

>> reporter: of course, the pandemic raised prices in many industries. >> but in the meat industry, those effects were exacerbated by the lack of competition up and down the supply chain. the takeaway message should be clear. a concentrated food supply chain is a vulnerable food supply chain. >> reporter: executives say the industry, hit hard by covid and inflation, couldnt keep up with americans consuming more meat during the pandemic. >> the present divide between live cattle and box feed pric...

Claims. >> reporter: the price of beef is up 20% from this time last year. ground sirloin is more than $5 a pound. why? well, from the cost of packaging to the cost of growing feed, every part of the supply chain is more expensive. but president biden also blames industry consolidation. >> you end up with an industry like the meat processing industry where four big companies dominate the market. >> reporter: those big four tyson, cargill, jbs, and national beef, who together control roughly 85% ...

Force. thats why 17 nobel prize winner withes for economics say will ease long-term inflationary pressure. the bottom line, if price increases are what youre worried about, the best answer is my build back better plan. third thing were going to do, promote competition. in too many industries, a handful of giant companies dominate the market in sectors like meat processing, railroad, shipping and other areas. this isnt a new mission. its not the reason for high inflation today. its been happening...

Statistical measures of the president’s term to date.

0 of your second, third, and fourth years? >> ashley? >> when you gave thattors forceful speech about voting rights in atlanta you conveyed it as being on the right side of history. my question, does president biden believe those people who voted against the filibuster to open up debate on voting rates, are they racist? >> joe, quickly to you. >> american consumers are hurting so much. what additional measures are you prepared to take to curve inflation and bring it down. >> that does it for us....

0 skis. ambition is a good thing. aspiration is a good thing. thats how you motivate people. you should advance your policy agenda but the president was unable. not sure he could have in this social media age. unable to manage expectations in his party for how much they could do. and for americans who dont check their list every day they look at washington and say what the hell is going on there? >> and they look at the prices at the grocery store and they look at the prices at the gase station....