Cattle Ranchers Take Aim at Meatpackers’ Dominance

For years, many ranchers have blamed meatpacking giants for low cattle prices. Now, some cattlemen say they have a solution: Process the beef themselves.

On 80 acres in western Nebraska, a group of cattle ranchers and feedlot owners this spring plans to break ground on a $325 million processing plant they say will boost competition—and livestock prices—in one of the country’s top beef-producing regions.

Source: finance.yahoo.com