Beak Capitalism, Part 2: The Chickenization of Everything
Odd Lots
Bloomberg
4.4 • 1.6K Ratings
🗓️ 16 November 2024
⏱️ 41 minutes
🧾️ Download transcript
Summary
The Odd Lots team is analyzing the US economy through the lens of chicken. In this second episode of our special three-part series, we look at the birds themselves and the people who farm them. Because the way we actually get chicken has changed a lot over the years, with the industry evolving from backyard birds to huge poultry companies that outsource chicken growing to independent contractors. Farmers often say they are taking on most of the risk of raising chicks, while the big poultry companies get most of the upside. And this model of farming is becoming more popular in other agricultural areas too. So what does the way chickens are produced say about the labor market, the way it’s structured, and the distribution of risk and profits? We speak with chicken growers, agricultural experts, and more.
Become a Bloomberg.com subscriber using our special intro offer at bloomberg.com/podcastoffer. You’ll get episodes of this podcast ad-free and exclusive access to our daily Odd Lots newsletter. Already a subscriber? Connect your account on the Bloomberg channel page in Apple Podcasts to listen ad-free.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Bonds are back. And so is all the credit. P. Jim Fixed Incomes Monthly podcast series. From the latest trends to long-term perspectives, you'll get timely fixed income insights from leading economists, research analysts and investment professionals. Whether you're new to bonds or a seasoned investor, tune in to all the credit wherever you get your podcasts. |
| 0:21.5 | This podcast is intended solely for professional investor use. |
| 0:24.1 | Past performance is not a guarantee of future results. |
| 0:29.7 | We just lived through a truly wild presidential race, pitting a Democrat who wasn't on the ballot |
| 0:35.0 | until June, and a Republican who was convicted on 34 felony counts just before receiving his party's nomination for president. |
| 0:41.8 | But the wildest thing might have been this guy. |
| 0:44.3 | If you already believe in the Constitution, you're just signing something you already |
| 0:47.2 | believe, and you can win a million dollars. That's awesome. |
| 0:49.8 | I'm Max Chaffkin, and this is Citizen Elon, a three-part series from Elon Inc, |
| 0:53.6 | where we investigate Elon Musk's unprecedented |
| 0:56.0 | support for Donald Trump. Follow |
| 0:58.0 | Elon Inc. on Apple Podcasts, or wherever |
| 1:00.1 | you like to listen. |
| 1:04.4 | Bloomberg Audio Studios. |
| 1:06.9 | Podcasts, Radio |
| 1:08.2 | News. |
| 1:09.0 | Music Podcasts Radio News. |
| 1:22.1 | But besides being a good egg layer, the chicken of tomorrow will be an improved meat producer. |
| 1:25.9 | Here's an example of the progress that's been made already. |
| 1:28.3 | Notice how breeding has increased the amount of meat on the breast. |
| 1:33.3 | Look at that drumstick. |
| 1:37.3 | This bird was fattened in the same length of time |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.