That wouldn t be the case. That s when the ones not in bed with IBP get screwed by the ones who are. Engler is called the father of captive supply among other things. They are in a hurry wanting to ink deals in 3-4 weeks. As the ICA wants commitments for cattle from producers to their plant made by Dec. 31 st , IBP is not wasting any time trying to align producers of their own.
Concentration occurs in a domino effect fashion.
Feeding livestock is a significant change in IBP corporate policy. They have always left open the possibility of feeding. All rights reserved. Information in this document is subject to change without notice. Other products and companies referred to herein are trademarks or registered trademarks of their respective companies or mark holder.