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Fundamentals don't mean squat
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Jake10
Posted 5/2/2021 18:51 (#8983730 - in reply to #8983628)
Subject: RE: Fundamentals don't mean squat


That’s a poor example and excuse. These guys have a major monopoly on the meat industry of this country and really the world. Packer margins have quadrupled over the last 10 years and they plan to keep it that way by the looks of things. I have no problem with them making handsome profits when supplies are in their favor but they are currently able to manipulate the market to suit them every week of the year and that is not fair trade.
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