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 …