DES MOINES, IA (AP) — Cattlemen in Iowa are taking matters into their own hands.
Frustrated with persistently low prices, ranchers and others in the beef industry are moving to reverse a long trend of consolidation and planning to open new slaughterhouses.
The new plants typically cost more than $300 million, but they still will be much smaller than those owned by the four meat company giants that slaughter over 80% of the nation’s cattle.
A new processing plant is proposed for western Iowa.
(Associated Press)
