Cowman, You should maybe check out what efficiency means. You're falling for the old myth that beef producers aren't efficient enough. When you claim the packers are just conducting normal business and if producers can't supply cattle at below the cost of production they should leave the industry. The packers do not have to be at all efficient when they have a monopoly position in the marketplace, on the other hand Canadian farmers and ranchers are by far the most efficient industry in the country.
Like many you probably reckon grain prices are in the doldrums because of the myth of over supply - a world awash in cheap grain thanks to farmers being too successful using all the modern high tech methods. In fact for 5 of the last 6 years world grain consumption has exceeded production. Again the problem of low product prices is being caused by lack of competition beyond the farm gate.
It's a shame agricultural producers are believing the lies of efficiency propogated in the mainsteam media by Corporate America.
Like many you probably reckon grain prices are in the doldrums because of the myth of over supply - a world awash in cheap grain thanks to farmers being too successful using all the modern high tech methods. In fact for 5 of the last 6 years world grain consumption has exceeded production. Again the problem of low product prices is being caused by lack of competition beyond the farm gate.
It's a shame agricultural producers are believing the lies of efficiency propogated in the mainsteam media by Corporate America.
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