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This Hill letter was sent to the Members of the United States Senate on the manager’s amendment to S. 1260, the, "United States Innovation and Competition Act."
How many large packing companies control the beef processing market?
•Level of captive supply, and •Packer capacity. R-CALF’s Hanson, who owns and operates Fort Pierre Livestock, Fort Pierre, S.D., with his father Dennis Hanson, said that the meeting attendees worked together with representatives from other groups to prioritize what they considered to be the biggest problems facing the industry. “By far the most votes were for packer concentration,” he said. “For all six organizations to work together and to list packer concentration at the top of our list of concerns facing the industry, that’s a big statement,” he added. COOL AND IMPORTS Some...
On May 17, six farm groups joined voices to call on the U.S. Department of Agriculture (USDA), Congress, and the Department of Justice (DOJ) to ensure a âmore financially sustainable situation for cattle feeders and cow-calf producers.â Thatâs make-nice farm talk for âMeatpackers are skinning U.S. cattlemen so badly now that we six, not-usually-friendly groups ask the federal governmentâswamp or no swampâto do something fast to save whatâs left of our well-tanned hides.â Guebert The fact that it took the farm group officials a whole day to hammer out a ...
Rounds says he and Smith encourage state leaders and organizations to join them in asking for the DOJ investigation. Meanwhile, the North American Meat Institute is defending its members against the allegations of wrongdoing in the cattle market. Spokesperson Sarah Little told the Hagstrom Report USDA analyzed the effects of the 2019 Holcomb facility fire and the pandemic in July 2020. She says they found no wrong-doing and confirmed the disruption in the beef markets was due to devastating and unprecedented “black swan” events. So far, at least two cattle groups with South Dakota members...