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Packers say AMAs create value, producers say consolidation breaking cattle industry


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. ....

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Senate hears from AWG's David Smith on grocery 'power buyers'


Judiciary Committee fields comment on competition in the nation’s food industry
On behalf of the National Grocers Association (NGA), Associated Wholesale Grocers (AWG) President and CEO David Smith gave testimony on unfair business practices impacting independent supermarkets at a U.S. Senate Judiciary Committee hearing on competition in the nation’s food industry.
In the Wednesday afternoon session, titled “Beefing up Competition: Examining America’s Food Supply Chain,” Smith spotlighted the actions of so-called grocery retail “power buyers.” Earlier this year, in a press conference and white paper, NGA explained how anticompetitive behavior by big-box and online grocery retailers is creating marked disadvantages for independent grocers in supply and pricing. ....

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