Editor, Tri-State Livestock News
Senators in the Judiciary Committee brought in Tyson and JBS representatives along with a salebarn operator, independent grocer spokesman and more to discuss the price discrepancy between a live beef animal and the value of the carcass once processed during a hearing named Beefing up Competition: Examining America’s Food Supply Chain on July 28, 2021.
Many news outlets have reported for months the $1,000 and higher profits the big four packers are earning on cattle they own most of the time for less than two weeks, meanwhile cattle producers are feeders are in most cases operating at breakeven levels or losses.