So here’s the beef… It’s a HAPPY DAY for Texas farmers!
44 Farms ranch in Cameron, Texas. Source: Walmart
Just in time for BBQ Season, Walmart Inc. is getting into the beef business. Walmart is considered the nation’s largest grocer and has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its U.S. stores beginning later this year.
Over the past two years Walmart has made huge strides in their product quality to compete in the $840 billion dollar sector. Currently, Tyson Foods Inc. and Cargill Inc. provide Walmart with most of its beef, and will continue to do so. But Scott Neal, who runs Walmart’s meat business, said the retailer also wanted to form its own supply partnership in response to customer demands to know more about who actually grows the food found in supermarket aisles and where it comes from.
This new plan of action directly affects Texas because it includes rancher 44 Farms and Mc6 Cattle Feeders in Texas. Walmart estimates the effort will trim costs and create about 450 jobs.
We look forward to Walmart, Inc. joining the ‘Farm to Table’ movement and putting Texas Farmers at the forefront!
Source: Walmart, Bloomberg.com