The Western Producer
Meat-packer profits squeezed in U.S.
The U.S. beef cow herd is the smallest since 1962. Drought and high feed costs drove producers to send animals to slaughter instead of keeping them for breeding. Farmers who fatten cattle have gained leverage in sales negotiations over the meat packers that dominate the market, such as Tyson Foods, Cargill and JBS USA.
May 18, 2023
