No Easy Fix For Cattle Market Downturn
April 9, 2020
“We are taking a lot of heat because people think we are not doing enough. But the issue is more complex; there is not an easy fix.”
This according to Melody Benjamin, vice president of member services with the Nebraska Cattlemen Association.
Benjamin’s comment was in response to the rumors that the packing industry was gouging the rancher. Articles and information had surfaced that large beef packing houses had the power to set cattle prices. Litigation and investigations had already started before the coronavirus, but the drastic drop in beef prices confused many people.