Then a backgrounder sells to a feedlot, like this one.

然台饲养场会将其卖给饲养场，比如这。

Instead, buyers from the packing industry often go straight to the feedlot owner like Ted.

相反，包装行业的买家经常直接去找饲养场的主人，比如泰德。

Over that same time, while ranches went out of business feedlots got a lot bigger to service their corporate customers.

在同时期，当牧场倒闭的时候，饲养场就变得更大来服务他们的企业客户。

But the sale between feedlot owners and the meatpackers looks a lot different.

但饲养场所有者和肉类加工业之间的交易看起来有很大不同。

Not having those competitive bids for the sale between meatpackers and feedlot owners means Ted might get a lower price.

没有肉类加工业和饲养场所有者之间的竞争性投标，这意味着泰德可能会得到更低的价格。

Those are actually cows at a feedlot in Summerfield, Texas, in the United States.

这些实际国德克萨斯州萨默菲尔德饲养场的奶牛。

A collective story enables people in India to treat cows as sacred, while people in America cram cows into feedlots.

集体的故事使印度人将奶牛视为神圣的，而国人则将奶牛塞进饲养场。

The feedlot owner then sells the finished cattle to the meatpacker, the company that slaughters them and sells their meat to consumers.

饲养场的主人然将完成的牛卖给肉类加工厂，即屠宰这些牛并将其肉卖给消费者的公司。

Solutions to promote competition include a proposed bill that would reduce the amount of contract sales between feedlot owners and meatpackers from 72% to 50%.

促进竞争的解决方案包括项拟议的法案，该法案将把饲养场所有者和肉类加工业之间的合同销售额从72%减少到50%。

That's why about 72% of the sales in 2021 between feedlot owners and meatpackers is through a contract instead of an auction which removes them completely from the price discovery process.

这就为什么在2021年，饲养场所有者和肉类加工业之间约72%的销售额通过合同而不拍卖来实现的，因为拍卖将他们完全排除在价格发现过程之外。