Appalling GAO report!
By Dr. Angus McIntosh
The GAO report that just came out is appalling!
Only a complete imbecile would believe that when 4 Globalist corporations control nearly 90% of the market that there is no price-fixing going on.
An NCBA official recently confirmed to me publicly, that NCBA colluded with their Big4 packer-members to fix prices. His comment was basically that producers should be grateful to NCBA for the pittance they allow ranchers to get for their cattle.
When I taught Ag-economics at Texas A&M it was an axiom among economists that whenever 4 firms controlled 60% of the market, that constituted a monopoly.
Every State cattleman's association needs to vote to dis-associate themselves from NCBA like SDSGA did, and affiliate themselves with R-CALF.
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