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Cattle prices #8526715 02/08/22 10:27 PM
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BOBO the Clown Offline OP
kind of a big deal
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kind of a big deal
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in case any one didn't know.


JBS Runs their American interests just like their south American business

https://www.lonesomelands.com/new-b...D-PJRn4gWsBsrkFnZVBfR9CX2aVcazZTBpCC_52k


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Re: Cattle prices [Re: BOBO the Clown] #8526732 02/08/22 10:44 PM
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TexasKC Offline
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I didn't read the article but let me guess ............ JBS are packers and they got in trouble for price fixing or manipulating supply in some way?


In the end, it's not the years in your life that count, it's the life in your years.
Re: Cattle prices [Re: BOBO the Clown] #8526750 02/08/22 10:54 PM
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BarneyWho Offline
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calm down clown!


Re: Cattle prices [Re: BOBO the Clown] #8526756 02/08/22 11:10 PM
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Tin Head Offline
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popcorn


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Re: Cattle prices [Re: TexasKC] #8526763 02/08/22 11:26 PM
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BOBO the Clown Offline OP
kind of a big deal
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kind of a big deal
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Originally Posted by TexasKC
I didn't read the article but let me guess ............ JBS are packers and they got in trouble for price fixing or manipulating supply in some way?


Yes… in South America first now a decade later here


The big five are big 5 beef packers are JBS, Tyson Foods, Cargill and National Beef. JBS has ownership in more then just themselves.

the main packing plants listed are TX Panhandle and KS


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Re: Cattle prices [Re: BarneyWho] #8526764 02/08/22 11:27 PM
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BOBO the Clown Offline OP
kind of a big deal
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kind of a big deal
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Originally Posted by BarneyWho
calm down clown!


You calm down or sit down!!!!

It drives me insane every time I drive by the feedlot.


Donate to TX Youth hunting program.... better to donate then to waste it in taxes

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Re: Cattle prices [Re: BOBO the Clown] #8526771 02/08/22 11:37 PM
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Rustler Offline
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Been dealing with this BS since the beginning, I don't have words suitable for polite company, so..

dead_horse realmad bang realmad hanged

bs bs bs

Last edited by Rustler; 02/08/22 11:39 PM.
Re: Cattle prices [Re: BOBO the Clown] #8526804 02/09/22 12:19 AM
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PappawRock Offline
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On a side note, it's a shame such a critical industry boils down to such a few colossal players; I suspect it's just a matter of time before Bill Gates begins to acquire big-time shares if he hasn't already, an incalculable threat to Americans and our national security...

Re: Cattle prices [Re: Rustler] #8526834 02/09/22 12:54 AM
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BOBO the Clown Offline OP
kind of a big deal
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kind of a big deal
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Originally Posted by Rustler
Been dealing with this BS since the beginning, I don't have words suitable for polite company, so..

dead_horse realmad bang realmad hanged

bs bs bs


It’s been going on since 90’s it just is so flamboyant now that consumers are starting to yell about it.

Never seen feeder go unsold and when packers got congress to allow Beef importation to “fix” demand I know we where in trouble. The give 5 Packers are to vertical integrated in the exporting countries and now here.

But nonetheless article shows why there arent more packing houses


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Re: Cattle prices [Re: BOBO the Clown] #8526864 02/09/22 01:13 AM
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3kcattle Offline
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Hopefully this will spur on Congress to pass mandatory price reporting and negotiated cash and grid trade for these packers, ban USDA from using confidentiality as a means from reporting pricing. It’s a corporate racket that screws the common man, woman, family who enjoy beef and the folks that produce the cattle.

A settlement is an admission of guilt in my mind. But what’s 52 million when you make $700-1000 a head and you kill 600,000 plus head a year? Do the math on that.

If you need beef, buy from local producers. We will grow em and harvest them for you. Cut out the multiple middle men. They are obviously corrupt.

Re: Cattle prices [Re: BOBO the Clown] #8526876 02/09/22 01:27 AM
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3kcattle Offline
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600,000 a year is wrong. Try 2.86 million head in 2020. When packer margins were at an all time high.

Re: Cattle prices [Re: BOBO the Clown] #8526935 02/09/22 02:33 AM
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Originally Posted by BOBO the Clown
Originally Posted by BarneyWho
calm down clown!


You calm down or sit down!!!!

It drives me insane every time I drive by the feedlot.



Wait! I thought you butchered your own corn feed beef off the corn plantation?????????? What you so fired up about? confused2


Re: Cattle prices [Re: BOBO the Clown] #8526962 02/09/22 02:50 AM
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reeltexan Offline
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JBS is the biggest by far.
Biggest in the world.


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"Give me an Army of West Point graduates and I'll win a battle... Give me a handful of Texas Aggies and I'll win a war." - General Patton


Re: Cattle prices [Re: BarneyWho] #8526997 02/09/22 03:18 AM
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BOBO the Clown Offline OP
kind of a big deal
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kind of a big deal
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Originally Posted by BarneyWho
Originally Posted by BOBO the Clown
Originally Posted by BarneyWho
calm down clown!


You calm down or sit down!!!!

It drives me insane every time I drive by the feedlot.



Wait! I thought you butchered your own corn feed beef off the corn plantation?????????? What you so fired up about? confused2


Nope, sold the feedlot and elevator. I’ll partner on a few pot loads of WW yearlings and that’s about it.


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Re: Cattle prices [Re: BOBO the Clown] #8527012 02/09/22 03:42 AM
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Originally Posted by BOBO the Clown
Originally Posted by BarneyWho
Originally Posted by BOBO the Clown
Originally Posted by BarneyWho
calm down clown!


You calm down or sit down!!!!

It drives me insane every time I drive by the feedlot.



Wait! I thought you butchered your own corn feed beef off the corn plantation?????????? What you so fired up about? confused2


Nope, sold the feedlot and elevator. I’ll partner on a few pot loads of WW yearlings and that’s about it.


How much of JBS you own?
roflmao


Re: Cattle prices [Re: BOBO the Clown] #8527016 02/09/22 03:48 AM
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BOBO the Clown Offline OP
kind of a big deal
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confused none confused


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Re: Cattle prices [Re: BOBO the Clown] #8527063 02/09/22 04:56 AM
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8skate Offline
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Read article that Tyson posted recorded record profits.
What a lot of people don't understand is that cattle that are finished are a basically a perishable commodity.

Re: Cattle prices [Re: BOBO the Clown] #8527070 02/09/22 05:33 AM
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I used to work with IBP and Excel a lot. They were the big players back in the late 90’s and early 2000’s

Re: Cattle prices [Re: BOBO the Clown] #8527171 02/09/22 01:20 PM
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why aren't the cattle ranchers in Texas forming a CO-OP to pack under their own label and cutting JBS out of the market??

Re: Cattle prices [Re: BigLou] #8527215 02/09/22 01:57 PM
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BOBO the Clown Offline OP
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Originally Posted by BigLou
why aren't the cattle ranchers in Texas forming a CO-OP to pack under their own label and cutting JBS out of the market??


You mean like a direct ownership to market vertical integration strategy that goes from rancher to feed lot to processor to distributor?

A decent size feed lot is 50k head so it’s rotating 5k head per month that are fed 120days, so processor size needs to be able to handle 5k head a month. How many ranchers ship more then 300 feeders a year?

JBS alone has feedlot influence of close to a million head(via 5rivers and PAM stock holdings) they also have 16 plants for beef.

Nut shell, JBS is big enough to influence USDA regulations and big enough to squeeze out competition. The capital requirements for feedlot and processor is staggering. Most ranchers also don’t have the capital it would require for start up, nor could they justify it on 300 head a year.




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Re: Cattle prices [Re: BOBO the Clown] #8527225 02/09/22 02:05 PM
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SO many people think that it should just be ranchers that are concerned about this matter, but anyone who eats meat should be concerned.


Re: Cattle prices [Re: Big_Country01] #8527238 02/09/22 02:10 PM
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Originally Posted by Big_Country01
SO many people think that it should just be ranchers that are concerned about this matter, but anyone who eats meat should be concerned.


Yelp it’s not just beef, they are doing same thing with poultry and pork. Tyson and pilgrims just got hit with price fixing also


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Re: Cattle prices [Re: BOBO the Clown] #8527276 02/09/22 02:33 PM
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Whoa

Re: Cattle prices [Re: Big_Country01] #8527300 02/09/22 02:41 PM
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Originally Posted by Big_Country01
SO many people think that it should just be ranchers that are concerned about this matter, but anyone who eats meat should be concerned.


It's insane that the producer price has been stagnant for 20+ years, while the price at the store has gone up 200-400%.


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Re: Cattle prices [Re: BOBO the Clown] #8527503 02/09/22 05:37 PM
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This might push me to start that direct from the ranch to the consumer grass fed beef business I have been thinking and talking about forever!


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