4 ms·
> Reason is much of the price is based on the land values. This is untrue. Beef prices are set by the four meat packers that control 75% of the market[1]. htt
by __john 6y ago
> Reason is much of the price is based on the land values.
This is untrue. Beef prices are set by the four meat packers that control 75% of the market[1].
https://www.hcn.org/issues/43.5/cattlemen-struggle-against-giant-meatpackers-and-economic-squeezes/the-big-four-meatpackers-1 https://www.hcn.org/issues/43.5/cattlemen-struggle-against-g...
- missedthecue 6y agoThere is nothing in your link that implies that prices are set by the four firms or that there is a cartel. 75% market share probably isn't even enough to effectively run a cartel.