Thursday, April 25, 2019

Walmart cuts out beef middlemen



Walmart is planning to cut out beef-processing middlemen, such as Tyson and Cargill, and contract with producers and packers to stock its stores in South-eastern United States.

The world’s largest retailer said Wednesday the move would allow it to ensure supplies of quality Angus beef and meet demands from customers who want to know the origin of their meat.

Walmart has now arranged to source cattle from Texas rancher Bob McClaren of Prime Pursuits and 44 Farms, who said the retailer will sell no-hormones-added Black Angus beef.

The cattle will be fed at a feedyard that specializes in avoiding hormones, slaughtered in Kansas and packaged in Georgia before the beef hits shelves in about 500 Walmart stores in the southeastern U.S., Reuters news agency reported.