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An article on beef pricing says the Big 4 packers control over 80% of US beef processing and have seen large profit gains, while live cattle prices remain low. It notes past calls for federal antitrust intervention in the meatpacking industry.
Packer concentration and possible federal intervention could shift the division of margins between packers and cattle producers, affecting cattle price direction over time.
feedlotmagazine.comTerri Queck MatzieFeb 16, 2022After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
