Is that feasible? And why. What happened to beef prices? How do we bring them down? Well, we have had a massive run on beef over the last decade. We've had almost 17% of our producers close, which is about our ranchers, which is about 150,000 ranchers have now stopped ranching. It's a whole other show. We need to describe that. But basically there's been a massive consolidation which has not been good for our ranching industry. (07:18–07:26)
CLAIM
Asserts that 17% of ranchers, approximately 150,000, have stopped ranching.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
