… structure, but that it liberalizes it and lets the industries and the players within the industries participate, as they will, without regulatory constraints. When we start looking at things like Animal husbandry standards coming out of California and determining how egg producers and pork producers can serve our markets here in California, major US market, that starts to drive consolidation. That makes it harder for the small players to get the capital they need to adapt and to participate in the industry while the bigger players can suck it up. (08:31–08:44)
CLAIM
Asserts that California's animal husbandry standards drive industry consolidation.
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