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Non-Cattle Specific Topics
Every Thing Else Board
Is there any way to make money in the cattle business?
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<blockquote data-quote="HDRider" data-source="post: 1628780" data-attributes="member: 17025"><p>Regardless of how the story is spun, the fact remains there are four major packers. It does not matter if they own a small percentage of the plants, they still process the lions share of the beef. They move between 80 to 90% of all beef retailed. That gives them an inordinate amount of influence on setting prices.</p><p></p><p>They can stockpile frozen beef a lot longer than a feed lot can hold live beef.</p><p></p><p>Beef producers need alternative sales outlets. Everything else is noise.</p></blockquote><p></p>
[QUOTE="HDRider, post: 1628780, member: 17025"] Regardless of how the story is spun, the fact remains there are four major packers. It does not matter if they own a small percentage of the plants, they still process the lions share of the beef. They move between 80 to 90% of all beef retailed. That gives them an inordinate amount of influence on setting prices. They can stockpile frozen beef a lot longer than a feed lot can hold live beef. Beef producers need alternative sales outlets. Everything else is noise. [/QUOTE]
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Is there any way to make money in the cattle business?
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