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Beef prices are surging, but processors are benefiting more than farmers

Beef prices are surging, but processors are benefiting more than farmers
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The real immigration crisis is not at the border

The real immigration crisis is not at the border
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The real immigration crisis is not at the border

The real immigration crisis is not at the border
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Congressional leaders: Why do Iowa cattle producers get low prices?

During hearings Wednesday, U.S. House and Senate members grilled meatpacking executives about why their profits were soaring, while at the same time, independent cattle producers are suffering significant losses.
Legislators blame cattle producer losses on consolidation within the beef industry and the tremendous market power of four large meatpackers Cargill Inc., Tyson Foods, JBS and National Beef Packing Co., which process about 80% of the nation s cattle supply.
Both Republican and Democratic senators suggested the answer could be to break up the Big Four meatpackers to regain market balance.
The present situation particularly for small producers, cow-calf operations is simply untenable, said Sen. Josh Hawley, a Missouri Republican, who added that he married into a cattle ranching family. It cannot be sustained. We cannot have this level of concentration in this industry, and have the farmer, the rancher be paid less and less and less, and the consu ....

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Congressional leaders: Why do Iowa cattle producers get low prices?

Congressional leaders: Why do Iowa cattle producers get low prices?
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