Today they don't own them together, but in total there are 70 subsidiary companies that are owned by these four. This has led to a frightening landscape for cattle ranchers. Industry consolidation reduces options for our ranchers looking to sell their cattle. It weakens their negotiating power and it risks reliance upon a single buyer. Today, the concentration of larger plants opens the door to tighter coordination by the Big Four with … (01:00–01:06)
CLAIM
Asserts that industry consolidation limits selling options for cattle ranchers.
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