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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Oklahoma Legislators and Cattlemen Pushing Back Against Big-Four Packers

07/06/2020

Oklahoma Representative Justin Humphrey is a driving force in developing a group tasked with  addressing the financial problems of cattlemen in his state.  The Oklahoma Independent Stock Growers Association is pressing for changes in the beef supply chain and is opposing the control exercised over prices for cattle and indirectly the wholesale price for meat, associated with the Big-Four packers.

 

The disparity between purchase price of cattle and retail prices paid by consumers was highlighted as a result of disruptions in the supply chain caused by COVID-19 infection of workers in packing plants.  Humphrey, joined by State Senator David Bullard, point to a rising level of Chapter-12 bankruptcies filed by farmers from late 2019 through 2020.  The Oklahoma Independent Stock Growers Association resents the control over collectively 90 percent of beef packing byTyson Foods, Cargill, JBS, and National Beef.  Concurrently the Department of Justice has initiated an antitrust investigation involving the structure and operation of the beef industry.


 
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