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Meat wars: why Biden wants to break up the powerful US beef industry
thegaurdine ^ | 08/252021

Posted on 08/25/2021 3:57:53 PM PDT by devane617

Meat wars: why Biden wants to break up the powerful US beef industry Both the planet and US politics have heated up in tandem over recent decades, but few sectors have stewed in controversy quite like America’s beef industry. Four super-powered meatpackers control more than 80% of the US beef market, an extraordinary concentration of market power that the Biden administration is not happy about. A recent executive action signed by the president aims to increase competition in the beef industry, with the White House noting that, over the past five years, “farmers’ share of the price of beef sales has dropped by more than a quarter – from 51.5% to 37.3% – while the price of beef has risen”. But how were the big four meatpackers able to capture so much of the US beef processing capacity? They had help. When explaining the history of consolidation in US meatpacking, it is normal to begin in the age of Upton Sinclair’s 1906 novel The Jungle. In the wake of Sinclair’s muckraking exposé on the industry of the time, Congress passed the Pure Food and Drug Act and the Federal Meat Inspection Act, aimed at cleaning up the meat supply for consumer health and challenging the nearly unrestricted power of these players.

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: beef; bidenisada; food; meat
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To: devane617

sElections have consequences…


41 posted on 08/25/2021 5:27:14 PM PDT by Kickass Conservative (Trump - Make America Great Again / Xiden - Make America Grovel Again...)
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To: 9YearLurker
What about...


42 posted on 08/25/2021 5:27:46 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

Ha!


43 posted on 08/25/2021 5:29:02 PM PDT by 9YearLurker
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To: Kickass Conservative

StolEctions


44 posted on 08/25/2021 5:36:14 PM PDT by Kevmo (I’m immune from Covid since I don’t watch TV.🤗)
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To: God luvs America

Not gonna get cheaper. Dominican Republic just culled 30,000 hogs so far under thepreat of African swine flu spread. China has a similar problem.


45 posted on 08/25/2021 5:41:12 PM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
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To: griswold3

I’ve been smoking chicken thighs all summer....this keeps up i’m going to start growing feathers soon...


46 posted on 08/25/2021 5:42:02 PM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: chief lee runamok

Prime cuts go to restaurants. There are few prime grade cuts. During the lockdown a local restaurant went to a Columbus restaurant meat distributor to purchase the available products for their establishment. Best meat and prices ever.
2019 for my birthday we grilled out my favorite Porterhouse steaks. There are only two or three porterhouse steaks in a sirloin end of a beef. The butcher a Kroger’s , Troy, Ohio opened enough sirloin ends to get us 16 at a moments notice It all was great!


47 posted on 08/25/2021 5:51:22 PM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
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To: GOPJ

Tyson. Clinton Crime Family


48 posted on 08/25/2021 5:53:20 PM PDT by nascarnation
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To: Valpal1

Congressman Thomas Maddie of Kentucky keeps introducing a bill to allow just what you say, allowing farmers to slaughter and sell direct to consumers.

https://grothman.house.gov/news/documentsingle.aspx?DocumentID=2261

One of my kids bought a partial cow from a local farmer, who cut it up.


49 posted on 08/26/2021 3:56:29 AM PDT by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: Jonty30
It is to give the industry to selected billionaires. That’s all it’s about.

No, it's about "10% for the Big Guy." Biden wants his cut. This is his way of getting it.

50 posted on 08/26/2021 4:02:06 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: usconservative

Afterwards, yes.

The billionaires he serves will pay him tens of millions in upfront fees to write a book.


51 posted on 08/26/2021 5:29:54 AM PDT by Jonty30 (My superpower is setting people up for failure, without meaning to. )
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To: nascarnation

Yikes - almost as bad...

That said, starvation is a common commie tactic...


52 posted on 08/26/2021 6:20:50 AM PDT by GOPJ (Press liars will 'blur pictues of people leaving Afghanistan so we can't see how few are Americans. )
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