Amazon beef is on the horizon

Jeff Bezos is a beef stakeholder. The founder of Amazon with a net worth of $87 billion—give or take a billion—has a vested interest in how your cattle are raised. This summer Amazon announced it intends to acquire Whole Foods Market for $13.7 billion, news that sent a shudder through the grocery business. Already operating on razor-thin margins, grocery retailers are now facing even more competition in a sector that generates about $1 trillion in annual sales. Drovers CattleNetwork takes a look at what Amazon’s entry into the grocery market could mean for producers, as well.  Read more…