Feds Eye Meat Processing Concentration

June 23, 2021
Concentration in the meat industry is getting increased attention from the federal government.

Concentration in the meat industry is getting increased attention from the federal government, which is looking at measures to level the playing field with both farmers and consumers.

The Wall Street Journal reports that the concentration situation, where less than half a dozen companies control 60% or more of the market for major animal proteins, has come under fire following results during the pandemic. Major meat processors recorded big profits while farmers and ranchers were squeezed by low prices.

Measures under consideration include furnishing USDA loans and grants to smaller meat processors, changing the rules by which large meat processors can contract with farmers, and requiring large processors to buy more product on the spot market.

The North American Meat Institute calls the proposals unnecessary and said they would make things worse for both farmers and consumers.

Sponsored Recommendations

Troubleshoot: Grittiness in gluten free cookies

Learn how to adjust gluten free cookie recipes for a softer texture.

Clabber Girl: Rising Success

Uncover how Clabber Girl Corporation achieved a remarkable 7% growth and improved manufacturing efficiency by seamlessly integrating Vicinity's batch manufacturing solution with...

Intelligent Blends: Taking Technology to the Next Level

Find out how our friends at Intelligent Blends use VicinityFood and Microsoft Dynamics GP to produce the best coffee around.

Key ingredient: Mother Murphy's Laboratories

Flavorings manufacturer Mother Murphy’s Laboratories integrates front office with production facility — improving operations from initial order to final invoice.