The Return of the Beef Trust

“You should be suing Walmart [instead of IBP], they are the problem. They tell us what they will pay and we have no choice but to pay you less” – John Tyson was at the 2002 NCBA convention to announce his intent to purchase IBP, the biggest beef packer in the world. Callicrate informed him of the cattlemen’s lawsuit against IBP for unfair market practices. “It has been brought to such a high degree of concentration that it Read More …