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He and his neighbors blamed it on consolidation in the beef industry stretching back to the 1970s that resulted in four companies slaughtering over 80% of the nation’s cattle, giving the processors more power to set prices while ranchers struggled to make a living. Federal data show that for every dollar spent on food, the share that went to ranchers and farmers dropped from 35 cents in the 1970s to 14 cents recently.

It led Kemp to launch an audacious plan: Raise more than $300 million from ranchers to build a plant themselves, putting their future in their own hands.

“We’ve been complaining about it for 30 years,” Kemp said. “It’s probably time somebody does something about it.”

I hope it works and spreads.

This guy may be a knight.

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If they only had some kind of guild or something…

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I heard some talk about this a few months ago. Glad to see it coming to fruition.

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So are we in favor of guilds/unions now?

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Until they vote Democrat.

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The guild is the problem being solved. Didn’t think that through.

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Thought you were against guilds? A little while ago they were on your “not friends” list.

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Where do you see a guild?

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What is it now for live hoof price that’s ready for slaughter? 1.25 per pound?

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There…

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Do you know what the UFCW is?

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Is this where we start parsing every word and go to the 100 question tactic?

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It appears you are claiming these ranchers are forming some sort of guild/union. Is that what you are claiming?

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I guess I don’t get the hubbub or believe they’ll get costs down if they’re trying to compete with the big boys. Article seems like an ad for a new processor more than anything. Anyone interested already got a deep freezer and a farmers market or friend connection, everyone else happy with those walmart choice cuts.

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They aren’t trying to get the cost down yet.

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local business, local control as opposed to exporting jobs to Kansas …

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They can charge a little more with that quality angle they are talking about. And some good pictures of happy cattle lol.

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Looks to me like a cooperative or a collective of some sort.

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Probably.

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Myopia