The_U.S._Meat_Industry

The U.S. Meat Industry The New U.S. Meat Industry The new U.S. meat industry of food retailers, meat processors, and farms and ranches coalesce into fewer and larger businesses are emerging. These new giants like Wal-Mart could drive up food prices for consumers and drive down livestock prices for consumers and drive down livestock prices for producers. Grocery stores have merged or acquired other stores, spawning several major grocery chains and large general merchandise stores and warehouse clubs have appeared on the retail scene. While market power seems to be uprising public policy ensures that all participants will benefit from the new structure. With this new structure the number of meat processing firms has dwindled rapidly, boosting the market share held by the industry’s largest players while the number of slaughter plants have plunged. Food demand and technology are the two forces of the meat industry’s transformation to food, new, meat, structure, market, consumers, while, stores, prices, livestock, grocery, drive, consumer, act, spending, single, processing, participants, number, largest, item, industry’s, industry, businesses, benefit, warehouse, wal-mart, uprising, two, transformation, trade, tightened, technology, statement, spawning, sluggish