Those four companies monopolize about 85% of the U.S. processing market today. But it hasn't always been that way. The rate of this four firm control has accelerated since the 1970s. According to USDA data, Concentration for cattle slaughter of these four was only 25% in 1977 and jumped to 71% by 1992. As mentioned today, it is an astounding 85%. Notably, these four firms now own together more than 70 subsidiary subsidiary companies. (08:34–08:45)
CLAIM
Asserts that the concentration of cattle slaughter by the top four companies increased from 25% in 1977 to 71% in 1992.
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