Re: Hard times on the farm

[Michael Perelman]

In the US, the feed lots pretty much set the price for cattle.  They are highly
concentrated.  Farmers are suing them for price fixing, but have not won so far.

Al Krebs' Agbiz Examiner has covered this in detail.

Ken Hanly wrote:

> I find this post somewhat unusual. The paradigm of
> agricultural poverty around here would not be ranchers but
> grain farmers. Cattle prices are relatively good and
> ranchers are on the whole much better off than straight
> grain producers.

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]