VIDEO: Trey Wasserburger discusses how packer concentration has led to the inability to kill cattle

VIDEO: Trey Wasserburger discusses how packer concentration has led to the inability to kill cattle

“There are a lot of undermining issues within the cattle industry, but none of that matters if we don’t figure out the concentration at the packer level.” Trey Wasserburger discusses how packer concentration has led to the inability to kill cattle, something we have never seen before. He also explains that formulas and captive supply have resulted in little to no true price discovery in the cash cattle market.

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Trump: Justice Department will investigate

Trump: Justice Department will investigate

President Trump asked the Department of Justice, on May 6, 2020 to investigate meatpacker pricing activity. “I’ve asked the Justice Department to look into it. ... I’ve asked them to take a very serious look into it, because it shouldn’t be happening that way and we...

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Investigation into Market Collapse

Investigation into Market Collapse

In an April 8 tweet, U.S. Secretary of Agriculture Sonny Perdue announced that the Packers and Stockyards Administration would be investigating beef and cattle pricing activity during the COVID-19 pandemic. “@USDA’s Packers and Stockyards Division will be extending...

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Struggling cattle industry seeks solutions

Struggling cattle industry seeks solutions

Almost 150 members of Congress asked U.S. Ag Secretary Sonny Perdue, on April 1, to help deliver subsidy assistance to cattle producers via the Coronavirus Aid, Relief, and Economic Stabilization (CARES) Act recently signed by President Trump. The CARES Act provides...

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Industry considers more negotiated trade

Industry considers more negotiated trade

Livestock market analyst Corbitt Wall brought up an idea on a recent market report that has some caused some buzz in the industry. “I think the thing that we need to do is we need to set a minimum requirement for these big packers to buy negotiated cash cattle,” said...

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Brazil beef approved for shipment to US

Reuters reported Friday, Feb. 21, that the Brazilian Agriculture Minister said the United States had reopened its market for Brazilian fresh beef exports, effective immediately. Fresh beef from that country has not been allowed since June 2017 when some shipments...

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VIDEO: Austin Snedden and Carson Jorgensen discuss the consequences of a democratic administration

In this joint conversation, Austin Snedden and Carson Jorgensen discuss how agriculture will be impacted by a democratic administration, the push to do away with CAFOs, the importance of those in agriculture telling their story and various other issues facing agriculture today.

AUDIO: Discussion with Mike Eby, Executive Director of Organization for Competitive Markets 

Mike Eby, Executive Director of OCM, discusses packer concentration, beef imports, the DOJ investigation into our big four beef packers and recent comments made by NCBA claiming that OCM is a “domestic terrorist organization.”

AUDIO: Cattle Rancher Austin Snedden explains how the USDA has contributed to packer consolidation

Austin Snedden explains how the USDA has contributed to packer consolidation. He also discusses the inaccurate labeling of beef by USDA and the need for MCOOL in the cattle industry.

AUDIO: Cattle Feeder Troy Stowater explains NCBA’s voluntary framework to achieve robust price discovery

Troy Stowater explains NCBA’s voluntary framework to achieve robust price discovery and how their seventy-five percent approach is adequate enough to make the packers compete.

AUDIO: Colorado Cattlemen’s Association Exec. VP, Terry Fankhauser, “The cattle industry tends to circle the wagons and shoot inward.”

Terry Fankhauser talks about the need for the industry to put our transgressions aside so we can move forward and solve our own problems. He emphasizes the fact that we need to think of those that will come after us and those that came before us.

AUDIO: Cattle and sheep rancher Mike Hollenbeck speaks about beef checkoff referendum

Mike Hollenbeck explains the push for a beef checkoff referendum in cow calf country. Not everyone who signs the petition is against the program, they just want the checkoff to be held accountable.

VIDEO: Steve Stratford of Pratt Livestock discusses importance of beef checkoff reform

Steve Stratford explains how the beef checkoff worked for the whole industry when it was first implemented, but today producers are seeing very little benefit from the program while packer’s margins have increased to exorbitant amounts.

AUDIO: Dustin Aherin talks about his report, “The Case for Capacity”

Dustin Aherin talks about the need for additional packing capacity in the cattle industry. His recent report, “The Case for Capacity,” explains the benefits that come along with adding capacity and the consequences of not doing so.

VIDEO: Attorney Harriet Hageman, “The reality is that the U.S. beef and cattle industry is the safest in the world, we’re importing our problems.”  

Harriet Hageman discusses how the cattle industry is facing a monopolistic situation with the four big beef packers. She feels that this fundamental problem must be addressed in order to avoid vertical integration.

VIDEO: Trey Wasserburger, “The DOJ’s investigation into the big four beef packers is the industry’s only hope.”

Trey Wasserburger discusses how the industry needs to come together and get behind the DOJ investigation, as it is our only hope to save the industry. He also talks about Agri Stats, Inc., a data-sharing firm that has blatantly exhibited collusion in both the chicken and hog industries.

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