$RIBT Cattle Rancher Warns About the Meat You're B

$RIBT Cattle Rancher Warns About the Meat You're Buying

STORY AT-A-GLANCE
American cattle rancher Shad Sullivan from North Texas is interviewed by host Patrick Bet-David about the future of the cattle and beef industry

Sullivan received an email from the USDA in April 2020, stating that it would help farmers to find alternative markets for their harvests, as COVID-19 caused meat processing plants to shut down

If alternative markets couldn’t be found, state veterinarians and government officials would assist with culls, or depopulation, of the animals; meanwhile, the U.S. continues to import beef from other countries

Due to the allowance of acquisitions and mergers, four companies — Tyson, Cargill, JBS and National Beef, which is owned by Marfrig Global Foods — control 85% of the U.S. beef supply

There are now 727,906 beef farms and ranches in the U.S. In 1979, Sullivan says, there were 1.2 million to 1.3 million; he believes that due to the COVID-19 pandemic, one-third of the remaining beef farms and ranches in the U.S. may disappear after 2020 — maybe more

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