Walmart's Brilliant Beef Move Could Make the Stock Sizzle
By James Brumley - Sep 10, 2022 at 8:09AM
KEY POINTS
- Walmart's equity investment in a Nebraska-based beef processing outfit isn't its first, and probably not its last.
- The company has consistently been securing more control over its supply of several categories of consumer goods.
- This degree of product control provides and edge over the retailer's competitors.
This is how big corporations and agri-business operate. It's always about the bottom line and stock values, never about what is best for the environment and long term agricultural sustainability.
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