I'd been meaning to writeup something about the big consolidation going on in the beef industry, but been so damned busy lately. That being said, I think there's something really beautiful about this take from Beef Magazine.
I've always wondered if those who heard Abraham Lincoln give his Gettysburg Address, saw the first cell phone, or gazed at Jesus Christ crucified upon a cross, really realized at the time that they were part of something historic. These are events that altered the world, but their significance probably wasn't completely understood at the time.
The announcement this week that JBS had reached an agreement to buy National Beef/U.S. Premium Beef (USPB), Smithfield Foods' beef interests (packing plants and feedyards), and Conti Group's half-interest in Five Rivers (the world's largest cattle-feeding company) is the type of significant event that might be considered historic from a cattle-industry standpoint.