Page 25 - Meat Processors News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> 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...

Opportunity ahead of us to further progress -- make progress where we've -- beyond what we've already made. look, the house of representatives just passed a few minutes ago, just before i walked over here, to provide $90 billion, over $90 billion for research and development, manufacturing and all those elements of the supply chain needed to produce end products right here in america. so we can keep delivering more announcements like the one we've had this past few weeks. another way we're boosting our economy is by promoting competition. look, hamburger is, you know, up four times, fourfold a...

Because we have a great opportunity ahead of us to further progress and make progress beyond what we've already made. the house of representatives just passed a few minutes ago before i walked over here to provide $90 billion, $90 billion for research and development, manufacturing and all of those elements of the supply chain needed to produce products right here in america. so we can keep delivering more announcements like the one we've had these past few weeks. another way we are boosting our economy is by promoting competition. hamburger is up four times, fourfold almost in many places. pr...

>> it's not as many things on the shelves. >> reporter: the biden administration is working to ease inflation accusing some of the largest meat processors of rising prices to drive up profits. experts are suggesting more grocery price hikes in the months ahead. >> we have to be strategic and intentional. >> reporter: she runs a blog about cooking on a budget. >> look for sales flyers before shopping. join store loyalty programs and plan males around cheap filling items. >> every time you throw a food away, you're throwing money in the garbage. >> reporter: every dollar counts for family strugg...

People. we are not that dumb. you know, when he goes out there and says basically i'm responsible for all of this. we don't agree. and when he goes out there and says well, you know, you are paying more at the pump and paying more for meat well, because it's the oil companies or the meat processors, we don't get that either. we know what it's a result of. too much money chasing too few goods. >> all right. you can get drunk now. we have got to rub. will cain and m.c. rove. screaming moms, panty hose masks and carley shimkus. ♪ luggish gut. miralax is different. it works naturally with the wa...