4 companies slaughtered over 80% of the nation’s cattle, giving the processors more power to set prices while ranchers struggled to make a living. RANCHERS TAKE MATTERS INTO THEIR OWN HANDS and raise $300 million from ranchers to build a plant themselves and control their future.
DES MOINES, Iowa (AP) — Like other ranchers across the country, Rusty Kemp for years grumbled about rock-bottom prices paid for the cattle he raised in central Nebraska, even as the cost of beef at grocery stores kept climbing. He and his neighbors blamed it on consolidation in the beef industry stretching back to the … Read more