Cattle producers want policies to protect competition in cash markets that set prices for the whole industry. USDA took a first step to do something about it, but it can’t finish the job before Biden’s term is up.
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Consolidated food production is more vulnerable to disruptions from diseases and plays a role in spreading them.
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Walmart will source beef for its new case-ready beef plant in Kansas from Sustainable Beef, a rancher-owned packing plant in which Walmart has a minority stake. Founders say this is the future, other ranchers say its the end of competitive price discovery.
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Lawmakers and ranchers want answers from antitrust enforcers about rising consumer beef prices and stagnant live cattle prices.
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As the summer winds down, here’s a look at some of the biggest stories in food and agriculture consolidation.
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