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Non-Cattle Specific Topics
Coffee Shop
PRICE FIXING IN THE BEEF INDUSTRY
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<blockquote data-quote="jschoolcraft86" data-source="post: 1701606" data-attributes="member: 27711"><p>Totally get your point, but are you able to call up your competitors and get them to agree to not pay more for a product or sell less? I am super conflicted about getting the government involved in anything because I totally believe they only make things worse, but if there is genuine price fixing or collusion going on that's definitely not the free market that is supposed to work for us. Of course I can't prove that the packers are doing that, I'm taking the word of Corbitt Wall from YouTube's Feeder Flash and some general economic overview material from another site I read so my understanding may be limited.</p><p></p><p>I've always heard the solution to this issue is more small time regional packing houses which makes sense to me. I would assume the biggest hurdle for this is excessive government regulation, maybe someone here can confirm?</p><p></p><p>Like I said, I don't know how to feel about this one. When in doubt I default to distrusting Biden so I'll try to temper my hopes.</p></blockquote><p></p>
[QUOTE="jschoolcraft86, post: 1701606, member: 27711"] Totally get your point, but are you able to call up your competitors and get them to agree to not pay more for a product or sell less? I am super conflicted about getting the government involved in anything because I totally believe they only make things worse, but if there is genuine price fixing or collusion going on that's definitely not the free market that is supposed to work for us. Of course I can't prove that the packers are doing that, I'm taking the word of Corbitt Wall from YouTube's Feeder Flash and some general economic overview material from another site I read so my understanding may be limited. I've always heard the solution to this issue is more small time regional packing houses which makes sense to me. I would assume the biggest hurdle for this is excessive government regulation, maybe someone here can confirm? Like I said, I don't know how to feel about this one. When in doubt I default to distrusting Biden so I'll try to temper my hopes. [/QUOTE]
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PRICE FIXING IN THE BEEF INDUSTRY
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