Consolidation in the chicken industry has led to higher prices for consumers, worse conditions for farmers and huge profits for producers like Tyson and Pilgrim's Pride, says Christopher Leonard, author of "The Meat Racket". The oligarchy in the meat industry has enabled these companies to achieve immense political power, enough to drive America's farm and trade policies, contends Leonard. Finally, Leonard says last year's Smithfield Foods purchase by a Chinese company puts America's food supply at risk due to the lack of competition.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

More from Video

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

This Could Be the Summer of Hard Seltzer

This Could Be the Summer of Hard Seltzer