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What Piece Of The Beef Pie - Nixon to Trump?
My father, a Carter County rancher, would be anxious each November when he would sell his calves, about 100 miles away to the livestock ring in South Dakota. A good price would allow for another year of operation. In my research I came across a spreadsheet from the USDA Economic Research Service with hog and beef market data back to 1970. I decided to check each presidential term for the percentages that the ranch, wholesale and retail get from the total retail value of beef. I tried to use the third year of each presidency term to be consistent, although I added Ford and used Trump’s second y...
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