"I Almost Ended My Life Because Of The Corrupt & Rigged Beef Industry" | The Class Room

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  • Опубликовано: 1 фев 2023
  • Coy Young nearly ended his life due to the corruption and consolidation in the beef industry. He’s one of 14,700 cattle farmers who will have to sell their farms or go bankrupt this year. We spoke to Coy about his story.
    #cattle #farming #rurallife
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Комментарии • 8 тыс.

  • @spoonikle
    @spoonikle Год назад +1

    We lose so much when we allow corporate power to go unchecked in the USA.

  • @ursulapainter5307
    @ursulapainter5307 Год назад +2

    I'm so glad Coy's wife came back home that day. We need him and others like him to help Americans understand what is really going on.

  • @alaskacaptainjake3140

    I feel this ranchers pain as an Alaskan commercial fisherman we are experiencing the same thing. Operating expenses continue to climb. We get less money for catch and watch the prices in the supermarkets go up. If this trend continues a lot of small family businesses will end up going bankrupt just like the ranchers.

  • @reg8951
    @reg8951  +14

    I am a cow/calf rancher in South Carolina. I have witnessed sales with only two buyers and they in with each other on the bidding. They would stop bidding and get cows way below market price since the seller didn’t put a minimum on the animals. I saw one I wanted to buy for the ranch and they stopped bidding below $500.00 so I started bidding and one of them run the price up to $845.00 where he stopped bidding. The only animals that brought what the real market price was had minimum sale prices attached by the auction/sellers. These meat buyers and auctions are rigged against the sellers.

  • @kerribarber6543
    @kerribarber6543 Год назад +503

    This is why I started a farm as a producer and sell ONLY to neighbors. I’m working with neighbors who are also homesteading to form a network of suppliers to help break the failed supply chain.

  • @holliemills
    @holliemills Год назад +221

    I and my wife were tied up in the hog crunch of the 90s .I can honestly say that my life was not worth living at one point . it was a 1800 suicide number that took my call at 4 am and talked to me through day light. Thank god for those that volunteer .

  • @christyswan882

    Thanks 🙏🏽 for informing the American people about what these greedy corporations are doing to our country! Americans need stop fighting each other and standing up to the corrupt corporations and politicians to save our liveshoof, economic lively hood, health and wellness, and children's future. It's sad what they are doing to our country.

  • @annalorree

    I grew up on a family dairy and beef farm. My parents, now in their 70s, raise grass-fed beef (no feedlot). None of us kids want to take over the ranch, knowing it’s a failing business model given the way the market now runs. Their area still has one small and local slaughterhouse, but it’s questionable how long they will hold on.

  • @starlightbarking9495
    @starlightbarking9495 Год назад +373

    It amazes me how monopolies are tolerated in the US. Here in New Zealand they are illegal, and if a monopoly develops the government will step in to break it up and make theme compete against each other because monopolies are bad for society. They are currently cracking down on a supermarket duopoly that had been raising food prices and shutting competitors out of the market.

  • @allyson87
    @allyson87 Год назад +535

    “The pandemic didn’t create this situation; it had revealed the situation.”

  • @mattm1686

    This is what happens when you let big corporations take over everything, and the people don’t stand up and scream at them

  • @cherylmclaughlin8579

    We Need to keep our farmers being able to profit enough to make a decent living !! Fair is Fair !!!🙏🙏🙏

  • @DrMuFFinMan

    As a person working at a grocery store I can tell you it's not a supply and demand issue. More beef gets thrown away then before because people can't afford $6 to $7 dollars a pound for 80% ground beef. This country has done everything in it's power to kill out small farmers and force them under the thumb of large corporation's.

  • @DT-abcd
    @DT-abcd  +99

    I have been warning people for years that both political parties are in on this. They get huge kickbacks from these corporations.

  • @fleurishadvisors232

    I grew up in a once thriving dairy town that was totally destroyed by the time I graduated high school in the mid 1990's. After the town dairy closed farmers started dropping like flies. Now there are less than 10% the farmers in the county that there were in 1985.

  • @woodytree1961

    An old story as time itself,sad but true. My heart goes out to all those small farmers.

  • @TheMyeloman
    @TheMyeloman Год назад +578

    I grew up watching my dad working himself to death alongside his uncle and cousin, a true family farm. I wanted nothing more than to follow in his footsteps but quickly realized there was no way they could afford to take me on as a partner, and no bank was going to gamble on giving me a big enough loan to get started on my own. My dad was the last remaining hold-out until even he had to sell out and now struggles with a 10-12 hour a day, 6 days a week “city” job, meanwhile I abandoned the idea of being a farmer altogether, joined the military, then went back home to an endless string of factory jobs until one made me sick with cancer. In my own way I still hold into that dream by growing what I can in my garden, and buying meat from a local rancher who has it processed at a local butcher, and buying what I can’t grow at local farmers markets.

  • @AlexHop1
    @AlexHop1 Год назад +196

    Thank you! Yes, monopolies are the enemy of our economy and society.

  • @egyptianprincess6006

    Yup I b telling ppl this , I was 20 in the 80’s this made me cry 😢 I’m still very upset at all the lives lost over this

  • @sharonwilbourne7256

    I liked seeing this again as a reminder of who is truly behind the high costs of meat each time I go to my local grocery store.