On Second Thought: Where is the beef?

Lately, everybody is mad at the Big Four beef packers. Last December, the Biden administration reported that, since the outset of the pandemic, a period when it could be hard to find a steak, cattle prices fell, and beef processing workers were dropping from COVID, the industry had pulled off a 300 percent increase in profits. When JBS settled its piece of a price-fixing lawsuit from a group of grocers against Tyson Foods, Cargill, National Beef and JBS in February, cattlemen called on the Department of Justice to keep right on investigating the rascals. The neighbors are getting annoyed too....