To End the “Monopoly” of Beef Processors, Trump Has Issued an Order to Increase Animal Slaughter

Featured Story

BY SRH

President Donald Trump signed orders Friday afternoon in an effort to cut the nation’s stubbornly high meat costs, just before the start of a grilling-centric weekend. Ranchers have reduced their herd sizes to record lows, and the high prices aren’t helping their situation.

The president’s new order permits cattle producers to process, package, and sell their own beef across state lines, in response to the president’s statement that consumers and ranchers are being “overcharged” by monopolistic activities in the meat processing sector.

Now is the time to download the Straight Arrow app and start receiving articles that really matter, unbiased and unfiltered. ™

“A meatpacking monopoly has ripped off the livestock industry,” Trump remarked. They were being charged amounts that couldn’t be sustained.

The majority of the meat processing market in the United States is dominated by four American companies: Tyson, JBS, Cargill, and National Beef.

This order mandates that the United States Department of Agriculture (USDA) increase oversight and licencing for small beef processors, open up interstate sales of qualifying ranch goods, and encourage more people to join shipment cooperatives.

According to Agriculture Secretary Brooke Rollins, “this is the signal to our ranchers, the signal to rural America, but really the signal to the world, that American ranching and American farmers are back” (Friday’s statement).

The decision may improve ranchers’ ability to sell beef, but the farms will still be subject to industry-wide pressures.

In their scenario forecast report from August 18, the USDA stated that ranchers are experiencing a historically low rate of 25 billion fed-cattle slaughter each month. Producing the meat you see in the supermarket begins with fed cattle. We expect next year’s beef production to be flat.

Shed reductions have occurred as a result of increasing property prices, water scarcity, and the high cost of feed. Tyson recently let off thousands of workers after announcing the closure of processing operations in Utah and Illinois.

In his earlier statements, Trump had hinted at his intention to break up what he perceived as a monopoly by allowing additional processors.

We where informed by an industry association that customers will be put at danger by a widespread proliferation of small meat processors.

According to The Meat Institute, there are already several options for processing and selling the cattle that American farmers and ranchers produce, which may be used to accomplish the objectives set by the president, as indicated in late August. “The current system is flawed because it allows unsuspected meat to be sold to unaware customers, which jeopardizes our nation’s standing as a global leader in producing safe meat.”

The decree emphasizes that a revamped system for inspecting meat will precede any federal initiatives.
Beef labels from overseas

The directive also directs the USDA to investigate the labeling of imported products, which may result in more stringent disclosure standards. Some Republicans who had advocated for similar legislation welcomed the change.

According to Sen. Cynthia Lummis, R-Wyo., “It’s about time consumers get the transparency they deserve, and our producers get to compete on a level playing field.” This post was made to X by Lummis. “When ranchers are able to invest in providing consumers with premium beef, the government should invest in reducing red tape and getting out of the way.”

 

Don't Miss

Historic Losses Occur as Wall Street Finally Realizes the Threat That the Coronavirus Poses to the Global Economy

By StevieRay Hansen

Everything is right on schedule and, now, the time is come to remove one of the final obstacles standing in the way of a New…

“Worst Thing In My Career” – US Stocks Suffer Fastest Collapse From Record Highs Since Great Depression

By StevieRay Hansen

This didn’t age well… Donald J. Trump✔@realDonaldTrump Read moreJPMorgan’s Role in Nigerian Oil Deal Has Come Back to Haunt ItHighest Stock Market In History, By…

No Financing And No Demand: Chinese Refiners Run Into Trouble

By StevieRay Hansen

International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries because of the coronavirus epidemic,…

The World Has Gone Nuts High-Income Taxpayers Now Confronted At Home By IRS Agents

By StevieRay Hansen

They perverted justice among themselves (v. 7): “You turn judgment to wormwood, that is, you make your administrations of justice bitter and nauseous, and highly…

Will COVID-19 Lead To A Gold Standard?

By StevieRay Hansen

Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes an existing situation immeasurably worse,…

Posted in

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *