Grim Prospects for Meat Producers

Last week, I blogged about a Forbes piece that revealed the oversupply issues plaguing the meat industry.

A reader just sent me an Economist piece that tackles the subject in greater depth. Leaving animal rights and environmental considerations completely aside, a person would have to be out of his mind to want to become a player in the meat industry. Just about everyone in the business is losing their shirts right now, and things won’t improve anytime soon. (Thanks, Kathy.) Link.