The Quick & Dirty of Cattle Prices
In the conventional beef supply chain, there are generally five entities that need to be paid in order for beef to get from a rancher's pasture to your plate: the rancher is paid by the feedlot, the feedlot is paid by the packing plant, the packing plant by the distributor, the distributor by the retailer, and the retailer by you. Everyone is trying to make a little money, but often times, someone loses.
