The Independent Cattlemen of Nebraska along with the Organization for Competitive Markets are sponsoring a rally of cattle producers set for Omaha on October 2. ICON Board Director and former State Senator Al Davis says they’re calling it the Stop the Stealin rally. He says they’re calling attention to the low cattle prices producers are getting compared to the high prices of retail beef.
He says several cattle producers have already gone bankrupt with more expected to go out of business in the near future.
Davis says America’s cattle producers have no way to distinguish their product from foreign cattle and the Big Four Packers control 82 percent of the market.
Davis says farm foreclosures are at their highest level in decades and calls to the Farm Crisis Hotline are higher than they were in the 1980s.
