On the recordJanuary 19, 2022
Will giving producers more leverage and market information help address some of the issues that we are seeing in our cattle markets?
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congress.govWill giving producers more leverage and market information help address some of the issues that we are seeing in our cattle markets?
Axne questions the Secretary about improving market conditions for cattle producers.
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More from Cindy Axne
We've expressed the need to address the following primary challenges: lack of price discovery and transparency, meatpacking industry consolidation leading to fewer competitors, captive supply, and price manipulation.
Since 1980, roughly 17,000 cattle producers have gone out of business every year.
Today, consumers are literally paying more for their beef, producers are receiving less for their cattle, and yet your four companies' net incomes have reached record highs.