America's biggest retailers are pushing back against this country's largest meat processors. The future of the nation's food chain is on the line
Walmart last week opened a meatpacking plant in south Georgia that will cut, package and label its own brand of steaks and roasts to deliver to meat cases at 500 stores in the region. It is Walmart's first meatpacking plant. Costco has also developed its own farm-to-store poultry production operation in Nebraska to control some of its chicken production.
But"it gives us some leverage" when negotiating contracts with its distributors, he added.Bob McClaren, CEO of 44 Farms in Texas, is helping lead Walmart's effort to source its cattle for its new beef supply chain.Costco's rotisserie chickensOther retailers are seizing control of segments of their food supply chains to drive down costs and produce their own food as well.
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