, alleged price manipulation in beef markets can be traced to the concentration of the meat packing industry into four large companies that control 85% of the beef processing market.
This is in contrast to “spot” markets in which the feed lots and cattle ranchers could potentially get higher prices based on real-time market conditions.than true market conditions would dictate, due to the meat packer’s demand for these fixed contracts known in the industry as “alternative marketing arrangements.” This has resulted in cattle operations going out of business, thus reducing the supply of cattle which can result in higher beef prices.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow gains 500 points, books best day in a month as stocks rallyStocks finished sharply higher Tuesday as energy prices pulled back and investors combed through another batch of corporate earnings. The DJIA gained about 502 points, or 1.5%, to end near 34,912, marking its biggest daily percentage climb since March 16. What a wonderful performance by Dow When I lost my job, I thought I have lost it all. With the little cash of $2000 I got $18,300 within a week trade, she may not know but really she have save me Nelly_wa_Macha Indian market lost 1800 plus points in just 2 days session. It looks weird. Is the market moving on the fundamentals of the business entities or at whims and fancies of brokers and government agencies? It is looking like a big nexus of rich people
Source: MarketWatch - 🏆 3. / 97 Read more »