Meat Institute to House Ag Chair Scott: Packer Margins Since 2015 Due to Increased Herd Size
The North American Meat Institute (Meat Institute) today answered questions asked of meat and poultry industry companies by House Agriculture Committee Chairman David Scott during a hearing on beef and cattle markets:
“The analysis of beef and cattle market margins from 2015 are not in dispute,” said Julie Anna Potts, President and CEO of the Meat Institute. “Cattle prices hit record highs in 2014 and 2015, when the overall cattle herd was at its smallest since 1952 (for context, that was during the Truman...
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