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2.5 Billion Pounds of Meat is Piling up in the US as Exports Slow Down

posted by martyb on Thursday July 26 2018, @06:24AM   Printer-friendly
from the It's-a-meat-wave! dept.

An Anonymous Coward writes:

WKBW-TV reports:

Some new numbers are showing that the U.S. has more than 2.5 billion lbs [1.1 million metric tons] of meat in cold storage warehouses, and it's all because Americans aren't eating enough to keep up with supply.

Another reason is that the trade situation is chipping away at global demand.

[...] The U.S. Department of Agriculture projects the industry will produce a record 102.7 billion pounds of meat this year.

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  • (Score: 4, Informative) by Anonymous Coward on Thursday July 26 2018, @08:43AM

    by Anonymous Coward on Thursday July 26 2018, @08:43AM (#712976)

    Note that this isn't necessarily how it is, just how it looks on paper.

    For instance consider chicken farms. The farms are indeed owned by families. The product however is owned by big business that gives the farmers chickens to grow for them. (ie: family farm gets to own everything that costs money (land taxes, repair/construction costs, etc) but the businesses own everything that make money. (The chickens.)

    I wouldn't be at all surprised that other types of farms are similarly controlled.

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