Yes, it is one of the major factors, but he doesn't know that because he is just custodian at Walmart, was thinking he actually cleans cow manure and he would have some knowledge how these stuff works, but he lacks common knowledge.
Some say the US government could make an impact if it focused on the way a handful of companies dominate the market for meat processing.
Today, just four firms control more than 80% of the beef slaughtering and packing market.
"These are consolidated markets gouging ranchers and gouging consumers at the store," said Austin Frerick, an agricultural and antitrust policy expert and a fellow at Yale University.
The meat processing firms - Tyson, JBS, Cargill and National Beef - have faced several lawsuits, including one filed by McDonald's alleging that they colluded to inflate the price of beef.
Though Trump revoked a Biden-era order earlier this year directing agencies to tackle corporate consolidation across the food supply chain, his administration has taken other steps to investigate competition issues in the agricultural industry.
'We're not going to rebuild this cow herd'
Mike Callicrate runs a cattle ranch in St Francis, Kansas. He says the only way he has managed to stay in the industry was by cutting out the middleman and setting up his own stores to reach consumers directly.
But he acknowledged that most ranchers do not have the money to make that shift. Many have left the industry - and see no incentive to jump back in.
"We're not going to rebuild this cow herd - not until we address market concentration," Mr Callicrate says.
Explain to us what am AUM is without using a web search, otherwise you are not worth engaging. Hint: ranching in the west is largely a subsidized welfare industry.
My herd is increasing every year. Cutting back and selling old cows that aren't producing anymore and keeping replacement heifers every year. Remember no drought here in Florida. My ranch and my cattle in excellent shape. GO TRUMP!!!
Market Data 
Markets 
AI
