Posted on 09/09/2021 1:38:35 PM PDT by karpov
The Biden administration has beef with Big Meat.
The White House this week slammed the four biggest companies in the meat industry, accusing them of “raising prices while generating record profits during the pandemic” and blaming them for soaring price inflation at grocery stores across the country.
Increases in the prices of beef, pork and poultry are driving the overall spike in food prices seen since late 2020, said White House National Economic Council Director Brian Deese.
As consumers prices have gone up, though, farmers and ranchers haven’t seen the amount their paid by giant meat companies rise, too, Deese said.
“It raises a concern about pandemic profiteering, about companies that are driving price increases in a way that hurts consumers who are going to the grocery store,” Deese said at a news briefing Wednesday.
The Biden administration went so far as to call the four largest meat firms “middlemen” who use their “power to squeeze both consumers and farmers and ranchers,” Deese and two other White House aides wrote in a blog post.
Those four firms are Minnesota-based commodity trader Cargill, Arkansas-based chicken producer Tyson Foods, Brazil-based meatpacker JBS and Missouri-based National Beef Packing Co., which is owned by Brazilian beef producer Marfrig Global Foods.
Together, those companies slaughtered about 85 percent of US grain-fattened cattle that are made into steaks, beef roasts and other cuts of meat in 2018, according to the most recent data available from the US Department of Agriculture.
Tyson Foods, which sells beef, pork and chicken, fired back at the White House, calling its allegations “inaccurate.”
In a statement, Tyson said the meat industry has suffered from multiple market shocks due to “a global pandemic and severe weather conditions” that have knocked supply and demand throughout the industry off balance and sent prices up.
(Excerpt) Read more at nypost.com ...
I gotta go find my “Whip Inflation Now” buttons—maybe they will take that instead of a vaxx certificate!
Damn those Kulaks! Wrecking everything!
Dolomite: “She took one look and said ‘too big! too big! TOO BIG!!!’”
The jokes will write themselves with this title...I love posts like these...the humor is priceless...
Yes, politicians (especially leftist ones) will look for scapegoats everywhere
Even Richard Nixon instituted price controls in the 1970s, so I do not doubt that if prices rise more, Biden-Pelosi-Schumer and their coup government will do that, and much more.
I blame big Biden government.
Federal bank reserve members and/or close associates putting this out through the administration in order to ruin the companies so they can buy them cheaply.
When things go wrong for Dems, which they ABSOLUTELY ALWAYS DO, it is -ALWAYS- someone else’s fault.
Sounds like a bunch of kids. Blame somebody else. It’s not my fault.
The drill is:
(1) Inflate the currency.
(2) Deny there is inflation.
(3) Blame the “profiteers” for inflation when even Stevie Wonder can see inflation.
(4) Put in price controls.
(5) Then ration because of shortages caused by price controls.
So boring, and so predictable....
You damned DemonRats shut down the economy for 18 months you potato-brained moron! Of course prices have risen.
FWIW meat prices haven’t risen all that much where I live. Really no more than I would have expected without your plandemic.
Joe Lieden the blame thrower resident, well more like a monkey throwing shit except a monkey is smarter.
Probably going to nationalize the meat industry, run cow farts through filters and ration your hamburgers to once a month.
I've read recently that farmers are being asked to ditch their crops for extra money....
its clear that the cabal wants us fighting over food.....
get seeds folks...at least have some micro greens on window shelf....a potted tomato on your patio or deck....something....
Fixed it
Federal government...
when a government raises taxes because there is a robust population, isn't that profiteering?
Big (insert industry name here) is what the Leftists always call some industry that they want to control. They are still using the Upton Sinclair playbook, simpky changing the name to fit the industry. That is why they refer to Big Oil, rather than Big News.
“ranchers haven’t seen the amount their paid”
Ugh.
There’s been a “drastic drop in meat processors’ abilities to operate at full capacity,” Tyson said in a statement. “This led to an oversupply of live cattle and an undersupply of beef, while demand for beef products was at an all-time high.”
If Tyson had just improved their work from home capabilities they wouldn’t have a labor shortage. I mean why couldn’t workers do the same job at home, Tyson obviously lack planning and vision to handle the situation. / sarc
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.