As the National Cattlemen’s Beef Association takes a closer look at market consolidation, JBS, the world’s largest meat packer, has left the organization.
NCBA recently met with a broad range of cattle producer groups, that are sometimes at odds with each other to discuss livestock market concerns. The groups called for more transparency in the market, advocated for an increase in development of new packing facilities and asked the Justice Department to continue and report on its ongoing investigation of anticompetitive practices by packers. 18 congressional members also wrote to the Department of Justice seeking an update on the investigation.
Politico reports JBS suspended its membership to NCBA last year as part of an internal review. Now, JBS is no longer a member of NCBA, but the Brazilian company has said they plan to stay involved with the organization. officials say they expect to remain involved with the group.
In response to the lawmaker’s effort to bring more transparency to the cattle market, NCBA’s Ethan Lane stated, “We have a high supply of cattle at one end of this equation and a high demand for U.S. beef at the other, but the middle is being absolutely choked by the lack of processing capacity.”
Known as the big four, Tyson, JBS, Cargill and National Beef process more than 80 percent of U.S. beef. The three other major packers are still members of NCBA.