… cattle ranchers or even the small, small ranchers, most of them are telling you that they only get 30% of what they used to get in the past. Right now Most of that profit has been pushed up to the producers, up to 70%. So what that means is that the price is only being inflated for massive profits. And now we're getting into what I fear is a true death cycle when it local beef market. (01:52–01:57)
CLAIM
Asserts that producers now receive up to 70% of the profit in the beef market.
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.
