‘Oligopoly’ in cattle internet marketing requires action, say senators

With Sen. John Thune decrying an “oligopoly” in the beef marketplace, a handful of senators on Wednesday named for Congress to give cattle producers a fairer shake when they send their stock to current market. Iowa Sen. Chuck Grassley growled throughout a Senate Agriculture Committee hearing that assurances that low cattle costs will boost eventually “isn’t heading to perform for farmers in my state” whilst packers revenue from significant retail charges.

“That is going to need action by Congress to consider care of that unfair predicament,” mentioned Grassley, sponsor of a monthly bill to call for packers to acquire fifty

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