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Economics 101, Beef and Cattle
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Posted 5/3/2021 22:14 (#8986094 - in reply to #8984989)
Subject: Read this portion again

What Jim has stated here and I’ve copied below contains more truth than many people know. Unless you have worked for a large publicly traded company you would not believe the lengths these co’s will go to maintain short term quarterly profits. These practices are preached through the business schools most c-suite executives have all attended. All these companies will have glorious mission, vision and value statements to con their employees into believing what they are told by management is necessary. Companies actions speak louder than all the virtue signaling they can spew via their corporate communications departments. I’m no longer involved in livestock production but I understand your plight. I don’t know exactly what the solution is but I do know the packers don’t give a dang about the producer. It will be up to you to defend your interests.

• Ever since about the mid 1970s, public (stock issuing) corporations work to maximize profits for the STOCKHOLDERS. They do not operate in the best interests of their employees, suppliers, dealers or even their customers except as necessary to maximize profits for their STOCKHOLDERS. This is a basic concept that explains a lot of corporate behavior.
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