15 Comments
May 7, 2021Liked by Matt Stoller

I operate a small publication and once tried to produce a text interview with members of the Chicago Symphony Orchestra about their strike in the spring of 2019. It was a disaster and never made it to print because I could not afford the labor involved in transcription and editing. This interview was very interesting, especially for someone looking to purchase and operate a small farm, as I am, but it is littered with textual errors. I know you have said on previous occasions that you err on the side of promulgating ideas despite minor defects, which is sensible. This is not at all an easy problem to solve, but this is exactly the type of content that could comprise the paid supplement to your newsletter, and perhaps the additional revenue could be invested in additional editorial capacity. I purchased Goliath and have been reading it assiduously in the hopes that I can better participate in the discussions here. Keep up the good work!

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author

Thanks. I went through and dealt with a bunch of the errors.

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Interesting, although hard to get my head round how the captive non cash contracts work.

It does make think think cattle ranchers should just team up with start up meat packers and distribute to local stores,supermarkets and restaurants

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This is similar to what is happening in healthcare in independent pharmacies. The lateral integration between the PBM (pharmacy benefit managers or the middleman) and the chain pharmacies like CVS that are driving independent pharmacies out of business.

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Cattle are a traded commodity and a Wall Street investment firm that trades on the Chicago exchange owns the largest feeder group in America the animal rights activist who pose as cattle organizations blame the packers but the real problem is insider trading with captive supplies of cattle https://www.reuters.com/article/jbs-divestiture-idUSS0N1M004K

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Montfort of Colorado was started in the early fifties a feed lot owner bought a packing plant in Denver it’s never been against the packers and stockyards act for producers that process there own cattle r calf lies and they associated with OCM and OCM is funded by the HSUS per 2012 HSUS 990 fillings

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Prophetic article about the decommoditization of beef. This article should be used by high school and college teachers to demonstrate the Nexus of sociology, economics, business, and law. Respectfully there is a lot to "unpack" here!

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It also happened back in the late 80's, with the cattle ranchers suing the meat packers and grocery store chain owners. My father attended the trial down in San Francisco. It was what caused the great recession for us in the late 80's and caused many ranchers to go under. We were some of the lucky ones. I printed the article out on Wikipedia, but who knows if it is still on there now.

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Looks like when US packers started buying Canada beef you could’ve sold your US cattle to Canada I’m sure they were having trouble finding enough. Oh and as far a the Walmart taking over I’m sure they are they’ve already destroyed the mom & pop hardware, clothing, shoe and grocery stores so why not cattle farms bastards.

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Great article. Apparently the same thing (price for cows vs. price for beef) in lumber right now.

Lumber (finished boards) selling at all time highs and timber (raw material from which lumber is cut) selling at all time lows.

Idk much about it, but came across this little exchange on Reddit:

User avatar

Kingsolomanhere

10h

I'm thanking god I didn't have a contract in the pipeline right now for an addition or deck. Last June of 2020 a 2×4×8 foot long was 2.49 at Lowes. They are 7.99 as of yesterday. Even hurricanes didn't cause this type of inflation

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CaptianRipass

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10h

In February I bought 3 4x2x12" to make a tripod to lift the engine out of a subaru.

My boss ended up using my lumber for something at work 2 months later, so we went to the lumber yard and got a quote for the same lumber to give to the accountant so I could be compensated, I made a quick 15 bucks off that deal.

Each board went up 5 bucks in two months! That's nuts, I live on the west coast of canada too, lumber comes from here!

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Paddy_Tanninger

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8h

Well of course it's expensive, lumber doesn't grow on trees you know.

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unexpectedreboots

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8h

Right, that's Timber. Which is at all time lows when adjusted for inflation. Lumber, the refined product and Timber, the actual logs that get cut are diverging markets right now which I find incredibly interesting.

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Anyone interested in this should look up Red Meat Republic, which covers the development of our modern beef industry.

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A huge thank you from livestock producers everywhere!

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The same economic effect occurred in the mid-1990s with mad cow disease. Ranchers were paid very little, consumers paid a lot, and the middlemen (slaughter houses) pocketed the profits.

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