American cattle rancher exposing that they’ve all been sold out, they’re at risk of being...

Wall Street Apes @WallStreetApes
American cattle rancher exposing that they’ve all been sold out, they’re at risk of being run out of business and your meat is being imported
- 4 large mega corporations now own 85% of the entire industry
- 2 of them are foreign owned
- 1 of them is Chinese
“50% or more of the beef processing be controlled by countries outside of the US. It comes down to our own food source security.”
“We used to make fair amount of return on my cattle, but the industry has changed dramatically with the government allowing the consolidation of the meat processing business.
4 companies, giant companies got together and decided to roll that up, consolidate it, and that's just business. But when we get on the other side of it and we take into account the ramifications on our national economic health. It has a very detrimental effect.
Our government allowed 2 giant companies controlled by foreign governments to come in and acquire.
One of them is controlled by the Chinese, and they bought Smithville out of North Carolina. And the other one was a Brazilian company that came in and bought up one of the other major players.
So now we have an industry, 85% of it actually has been consolidated and rolled up and controlled by 4 companies. Four companies now are dictating who gets what, where, and when. Do you see?
But nobody thought our government would let 50% or more of the beef processing be controlled by countries outside of the US. It comes down to our own food source security.
The geopolitical situation we find ourselves in, why would we want to have an antagonist on 25% of our meat processing? It makes no sense at all.”
7:02 AM · Apr 13, 2025
https://fixupx.com/WallStreetApes/status/1911374455500345409