When you don't have competition, or if the competition basically understands what the other three competitors do, it makes for unfair trade opportunities for those cattle producers. These cattle producers are barely making enough to even pay for their inputs. And so right now, we're at a crisis. At the same time, these major packers have had a very difficult time trying to process a lot of the beef here … (02:29–02:34)
CLAIM
Asserts that cattle producers are struggling financially to cover their costs.
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