our sister industry the hog industry, for example, four decades ago, there were over 600,000 independent hog producers scattered all across America. Today, we've wiped out 9 out of every 10 of them. Now we're down to 60,000. And so there's an industry that is now vertically integrated. So vertically integrated means? This means that the meat packer owns the entire supply chain for the product. So he owns where they grow the hogs, where they butcher the hogs, where they sell the hogs, all the way up to the retailer.
American Farmers Are “Reaching The Point Of No Return” Due To US Gov Allowing Foreign Countries To Own Our Meat Industries They’re averaging negative $24 per head & will soon be OUT OF BUSINESS “The largest pork producer in the United States of America is Chinese-owned.American Farmers Are “Reaching The Point Of No Return” Due To US Gov Allowing Foreign Countries To Own Our Meat Industries
— Wall Street Apes (@WallStreetApes) May 4, 2024
They’re averaging negative $24 per head & will soon be OUT OF BUSINESS
“The largest pork producer in the United States of America is Chinese owned
- We're… pic.twitter.com/TomZgXRdcG
We're paying to fight ourselves.
We’re paying to destroy our own industry,
When the USDA's own data shows that the average return to feeding cattle in America is a negative $24 per head per month for the past 23 years. We're reaching the point of no return. Yes. When it's game over.
We're at a tough point because we're losing so many small farms and ranchers and yet we have to change it back even if we were to start today and go we could change anything we wanted overnight and change these rules to apply back competition it's going to take a lot of time and money and effort to change the industry back to where it's competitive and works a little bit more even playing field isn't it?
We're reaching the point of no return when it's game over and if you look at our sister industry the hog industry for example four decades ago there were
Over 600,000 independent hog producers scattered all across America. Today, we've wiped out nine out of every 10 of them. Now we're down to 60,000. And so there's an industry that is now vertically integrated. So vertically integrated means? This means that the meat packer owns the entire supply chain for the product. So he owns where they grow the hogs, where they butcher the hogs, where they sell the hogs, all the way up to the retailer.
And the largest pork producer in the United States of America is Chinese-owned, Smith Field Farms.
Which should be alarming to consumers as well. It should be alarming, yes. We're not going to reverse that hog industry because it has become so vertically integrated and concentrated and controlled. But what we can do is prevent that from happening to the cattle industry.”
