The Big Ten

[HDRider]

Ten mega corporations control the output of almost everything you buy; from household products to pet food to jeans. You can see the whole picture better at http://media2.policymic.com/1c63c0e4c3e ... ddf848.jpg


http://www.policymic.com/articles/71255 ... -shows-how

 

[TennesseeTuxedo]

Looks like they'd make some pretty good stocks to buy and hold.

 

[HDRider]

Looks like they'd make some pretty good stocks to buy and hold.

I agree and do in fact own many of them.

I admit though, I am conflicted realizing the power and wealth wielded by such large corporations and the dwindling influence of smaller producers.

Don't get me wrong, I am happy for the jobs they offer and I ain't no socialist by any stretch. Maybe I simply long for simpler times.

 

[TexasBred]

Trace those all the way back to the real owners and you'll find ConAgra's stamp on most.

 

[3waycross]

Trace those all the way back to the real owners and you'll find ConAgra's stamp on most.

I have sold ConAgra for 30 years on the wholesale side. Ya'll wouldn't believe how large their footprint is!

 

[HDRider]

I am sure most folks on here know this...

About 35 million cattle are slaughtered in the U.S. annually where four firms control over 80 percent of all the beef slaughtered.

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Tyson Foods Springdale, Ark. - Daily slaughter capacity 28,700

U.S. market share 25 percent

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Cargill Meat Solutions Corp. Wichita, Kan. - Daily slaughter capacity 29,000

U.S. market share 21 percent


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JBS USA Greeley, Colo. - Daily slaughter capacity 28,600

U.S. market share 18.5 percent

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National Beef Packing Co., LLC Kansas City, Mo. - Daily slaughter capacity 14,000

U.S. market share 10.5 percent

http://www.hcn.org/issues/43.5/cattleme ... tpackers-1

 

[TexasBred]

Trace those all the way back to the real owners and you'll find ConAgra's stamp on most.

I have sold ConAgra for 30 years on the wholesale side. Ya'll wouldn't believe how large their footprint is!

Got that right brother. A worldwide monster.

 

[Dega Moo]

Looks like they'd make some pretty good stocks to buy and hold.

There's a lot of competition there so profit is not as good as one might think. On the other hand, there's a whole lot of cash sitting on balance sheets and I think it's likely there will be some predation within that group in the next few years.

These guys grow mostly by buying competitors. Figure out who gets bought out next and you win the lottery.