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For decades, a federal law called the Packers and Stockyards Act protected America’s farmers and ranchers from abusive monopoly power in the livestock industry. The courts began to water down this law in the 1980’s, giving a handful of corporations unprecedented control over meat and poultry production. As a result, farmers and ranchers are the victims of price-fixing, collusion, and predatory contracts. Cattle, poultry and hog farmers and ranchers are going out of business while corporations like JBS, Smithfield, Read More …