It was an explosive start to the House Ag Committee hearing on price discrepancies in the cattle markets. Coy Young is a cow/calf producer from Missouri. “The American cattle farmers and ranchers are tired,” Young said. “Tired of being taken advantage of and losing money year after year, while watching the Big Four post record profits every single quarter.”
He says packers continue to manipulate the system. “AMAs (Alternative Marketing Agreements) have killed the cash market and competition within the beef industry,” Young said.