(Des Moines, IA) — Walmart’s move to buy a minority share in a Nebraska beef packing plant is being called a “seismic shift” in the beef processing industry.
Chad Tentinger is the principal developer of Des Moines-based Cattlemen’s Heritage Beef Company. Tentinger says anytime you can bring the farmer’s product closer to the end user – to retail – it’s a good thing long-term.
He calls the move by Walmart a “massive, fundamental change” for the beef industry. Walmart made the announcement Wednesday.
