Breaking Points with Krystal and Saagar 10/27/25: Billionaire Says He Feels Soybean Pain, Rancher Unloads On Trump, Food Stamps To End, Candace Says Musk Is Not Human
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Oct 27, 2025 Mike Callicrate, a savvy rancher and journalist, dives deep into the challenges plaguing the U.S. cattle industry. He sheds light on the dire implications of importing Argentine beef, arguing it depresses prices and harms American ranchers without benefiting consumers. Callicrate also tackles the issue of meatpacking consolidation, exposing how middlemen siphon profits from ranchers and consumers alike. With soaring beef prices and herd liquidation concerns, he offers a passionate call for reform in an industry in distress.
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Billionaire Officials Can 'Feel' Farmer Pain
- Scott Bessent claims personal empathy with soybean farmers because he owns soybeans himself.
- Wealthy officials' financial ties can shape trade policy optics and raise conflict-of-interest concerns.
Tariff Whims Shift Costs To Consumers
- Trump's tariff threat after a Reagan-themed Canadian ad illustrates impulsive executive trade actions.
- Such unilateral moves transfer costs to U.S. consumers and create economic uncertainty.
Rancher: Packers Squeezed Producers, Kept Retail Gains
- Mike Callicrate recounts how consolidation let packers and retailers squeeze ranchers while raising retail prices.
- He links the problem to the big four packers controlling roughly 85% of U.S. slaughter capacity.
