“The brokers make too much”

Right now the producers are losing about $400 per head while the packers are making $1000 profit off that same head of cattle. The guy who has the authority I use has fats ready to go now but the buyers said it will be 60 to 90 days before they can take them. So he has to implant them again and cut the feed ration back so they stop gaining as much per day and then hope they’re not much heavier than 1600 pounds when it’s time to ship them. All the while our government decides its a good times to start allowing imports from Central and South America again.

 

There are literally four packers that set the price for the entire industry. Even if you’re going to try and market your fats to a company like Greater Omaha or similar where do you think they get their market price from? And it was only a few years ago that the gov’t stepped in when JBS wanted to buy National Beef.

And there is so much corruption surrounding JBS it isn’t even funny. But the USDA just lets them keep doing what they want. Last year a large cattle feeder in KS had a contract to send a certain number of head to JBS in Greeley. He suspected they were grading his cattle lower than what they were so he sent some loads from the same pen to National Beef and somehow they graded higher and brought more money than what JBS was giving him.

There’s not really anything that compares to this in the trucking industry.

 

Ok, so yes there are independent farmers. What in the trucking industry is controlled by four companies? Nothing that I’m aware of. That’s why I said there’s not really anything that compares to that in the trucking industry.