Source: Chuck Abbott, SUCCESSFUL FARMING, 6/24/21


With Sen. John Thune decrying an “oligopoly” in the beef industry, a handful of senators on Wednesday called for Congress to give cattle producers a fairer shake when they send their stock to market. Iowa Sen. Chuck Grassley growled during a Senate Agriculture Committee hearing that assurances that low cattle prices will improve eventually “isn’t going to work for farmers in my state” while packers profit from high retail prices. “That is going to demand action by Congress to take care of that unfair situation,” said Grassley, sponsor...

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