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Ranchers request a survey of meat pricing

A group of Canadian ranchers wants a survey of meat pricing.

The Saskatchewan Stock Growers Associationtells the state and federal governments that there is an "imbalance" between the prices that ranchers receive for cattle and the prices of consumers. He states that he is asking him to investigate what is called. Pay at the meat counter.

Read more:A class action filed against a meat packaging company in Quebec for price fixing

Group Many ranchers and feedlots say they are at a loss this year. Due to the drought last summer, prairies are still short of grass, and feed grain and fuel costs have skyrocketed since last year.

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But packers and retailers are reporting strong profits this year. Livestock farmers say they believe that slaughterhouses may deliberately reduce shifts in order to keep wholesale beef prices high and increase the supply of rural cattle.

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In the United States, the Biden administration has already expressed concern about rising meat prices, intensifying meat competition. We pledge to implement policies aimed at. Packing sector.

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According to Statistics Canada, retailer beef prices are up 11.2% year-on-year.

This report by The Canadian Press was first published on July 5, 2022.

© 2022 Canadian Press