Economic concentration in the meatpacking industry: hearing before the Subcommittee on Nutrition and Investigations of the Committee on Agriculture, Nutrition, and Forestry, United States Senate, One Hundred First Congress, second session, on consolidation and concentration in the meatpacking industry; the causes and forces behind these changes, and the impacts of the consolidation and concentration upon livestock producers, consumers, workers, and communities, July 20, 1990
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July 20 1990
Lamb Gary president Iowa Farmers Union Chelsea IA on behalf of
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5th Cir Agricultural American Meat Institute beef industry beef packers beef price boxed beef buying captive supply carcass Cargill cattle feeding cattle market Chairman Committee companies competition competitors ConAgra concentration ratios concern consumers costs economic economists efficiency evidence Farm Bureau fed cattle feeders feedlots firms forward contracting free market futures market heifer slaughter hog slaughter IBP's impact increased issue Justice Department Lamb live cattle price livestock producers major packers market power market share meat industry meatpacking industry mergers and acquisitions monopoly Oklahoma State University operations packer concentration packer defendants packer feeding Packers and Stockyards packing industry percent plaintiffs Pork Producers poultry price fixing prices paid profit purchase red meat regions retail sell Senator Harkin slaughtering plants steer and heifer Stockyards Administration Subcommittee summary judgment task force U.S. Justice Department vertical integration Ward workers Yellow Sheet