Local cattle feeders offered National Beef Packing Co. in excess of $9 million in additional cattle price discounts for 2014 and 2015 in order to stave off the planned April 4 closure of the packing facility at Brawley, CA.
That’s according to the Imperial Valley Cattle Feeders Group (IVCF). In a news release, the group explained the $9 million in concessions was in addition to the $15 million of discounts previously given National Beef in January last year.
Unfortunately, according to various reports earlier this week, these concessions weren’t enough for National to overcome dwindling cattle numbers.
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