The attorney general for the state of New Mexico has launched a political witch hunt into beef processing companies, claiming ranchers are hurt by their size and anti-competitive practices. Financial Stress The trade press is hot on the stresses currently being felt in the agribusiness sector. The attorney general for the state of New Mexico has launched a political witch hunt into beef processing companies, claiming ranchers are hurt by their size and anti-competitive practices. Consolidation, though, is the exact economic dynamic that occurs when an industry is plagued by tight margins. The Kansas City Federal Reserve anticipated this many months ago and is hosting a conference next month on this very topic where it will zero in on tho...