Widespread drought tightened cattle supplies and pushed prices higher. R-CALF USA CEO Bill Bullard is excited beef prices are on the mend after years of low prices. “We can finally see our work for two decades come through in market prices. We’ve had two priorities, enforce anti-trust laws to promote a competitive market and put an end to wrongful promotion of imported beef.” Bullard says limiting the power of the four main packers could help encourage competition in the marketplace and keep profitable prices stable. “We have retailers and restaurants like Kroger’s, Arby’s, and Burger King jumping on the anti-trust case against the major packers.”
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