Death comes to us all. Life's but a walking shadow | All good questions if I knew the answers I might be more wealthy or worse yet still raising cattle. As you rightly point out who's making the money? All I know is that if you calculate the retail value of fat steer it is worth more than three times the sale price. Somebody is making some money somewhere.
My question for you is, was Northern Beef Packers independent from the big three? If it was then you answered your own question.
And you are correct. One of the acknowledge justifications for the consolidation of the packers was that they needed to consolidate in order to counter act the effects of supermarket company consolidation and regain market power. |