KNTV NBC Nightly News With Lester Holt January 23, 2022 01:46:00
>> 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, couldn't keep up with americans consuming more meat during the pandemic. >> the present divide between live cattle and box feed prices is not the result of a consolidated industry, lack of competition, or the cash markets. the conc...
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