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They should plan on being broken up. Way too much consolidation in meat processing has been allowed over the past few decades. According to Matt Stoller, cattle
by avidphantasm 4y ago
They should plan on being broken up. Way too much consolidation in meat processing has been allowed over the past few decades. According to Matt Stoller, cattle prices haven’t increased, though retail prices have: “But since 2015, the ‘meat margin’, or the spread between the prices ranchers get for their cows and the prices consumers pay at the supermarket, has widened dramatically. Despite high consumer prices, independent ranchers are losing money, and going out of business.“[1]
[1] https://mattstoller.substack.com/p/economists-to-cattle-ranchers-stop https://mattstoller.substack.com/p/economists-to-cattle-ranc...