Recently, in a letter to the U.S. Secretary of Agriculture, the North American Meat Institute (NAMI), a mouthpiece for the corporate meatpacking industry, complained that the Biden Administration’s work to combat concentration in the agriculture industry cannot ignore the “fundamental principles of supply and demand.”
Let us look at some facts to counter their claims. In 1977, the largest meatpackers controlled 25% of the beef supply. Today, just 4 corporations control 85% of the beef supply.
