auctionboy
Well-known member
I was watching Cattlemen to Cattlemen on RFD tonight and the congressmen who was a farmer his whole life said they spent $4.5 million on researching 28 large feedlots and packing faclities to figure out more about retained ownership. He held up a 1200 pages and said that 5% of cattle being fed were owned by the packer. The rest in retained ownership and other programs. $4,500,000.00 to come up with this great info! He was proud and happy to have spent that much money for something that could have been figured out for a lot less. I consider it a interesting fact, but other then that a huge waste of money. Who are these numbers going to help?