Not Good

Things that come up in the daily operation of a ranch.
Angus 62
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Re: Not Good

Post by Angus 62 » Wed Aug 21, 2019 5:58 pm

Good for sheep producers. But you are comparing apples to orangutans. The sheep industry is a shadow of what it once was but seems to be making a comeback AND the sheep industry still has mandatory COOL. Plus a study that American consumers will pay more for American lamb. There have been numerous attempts to start producer owned plants and the failure rate discourages additional attempts. Which leads to a obvious question. Does anyone actually think that given the market influence available to collapse the cattle market over a paper box fire, that influence would allow competition to exist?



Traveler
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Re: Not Good

Post by Traveler » Fri Aug 23, 2019 7:43 am

Never fear......
The Tyson beef processing facility in Holcomb, KS, has been shut down due to a fire they sustained on August 9-10, 2019. We recognize the enormous negative economic impact this plant shut-down is having on the beef industry. We want to reassure you that we are doing everything in our power to minimize the impact this is having on the market. NCBA also followed up on phone calls with official letters of request to DOT, USDA, and CFTC for regulatory flexibility.

Angus 62
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Re: Not Good

Post by Angus 62 » Sat Aug 24, 2019 7:25 am

Read between the lines. Producer prices tanked while our packer buddies profits doubled. Just the way we like it.

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