These critics of the GIPSA rule claim it will “kill jobs” and often cite one of several flawed economic analyses commissioned by the American Meat Institute, which represents companies that process 95 percent of red meat and 70 percent of turkey in the United States, according to its website.
Clearly, livestock markets have become uncompetitive. These levels of concentration give an unfair advantage to large packers, who use their leverage to force producers to accept unfavorable terms during business negotiations, reducing their already slim margins and ultimately driving them out of business.
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Opinion: Family farmers, ranchers want fair chance to compete