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Re: What has caused the cattle prices to skyrocket? [Re: Krig] #8586519
3 hours ago
3 hours ago
Joined: Dec 2010
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Armpit, ak
Brazil the government or multi national corporations headquartered in Brazil?

"To conquer the world market, Brazil’s Big Three beef packers — JBS, Marfrig and Minerva — invited in foreign capital. Today, all three are transnationals, with the original Brazilian founders owning only minority shares in their own companies."



The Redacted administration has forked over more than $62 million — taxpayer cash that was supposed to be earmarked for struggling American farmers — to a massive meatpacking company owned by a couple of corrupt Brazilian brothers.

The Department of Agriculture cut a contract in January to purchase $22.3 million worth of pork from plants operated by JBS USA, a Colorado-based subsidiary of Brazil’s JBS SA, which ranks as the largest meatpacker in the world.

The bailout raised eyebrows from industry insiders at the time, as it was sourced from a $12 billion program meant for American farmers harmed by President Redacted escalating trade war with China and other countries.


JBS N.V. (JBS) I might be an owner?

Last edited by Dirt; 3 hours ago.

Who is John Galt?
Re: What has caused the cattle prices to skyrocket? [Re: Krig] #8586521
3 hours ago
3 hours ago
Joined: May 2009
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Champaign County, Ohio.
"JBS has strong commercial ties to China—such as major supply agreements (e.g., a $717 million annual meat supply deal with China's WH Group in 2026, and a $1.5 billion e-commerce pact with Alibaba in 2025)China is a key market for JBS beef/pork/poultry.

Marfrig (now merged into MBRF with BRF): Like JBS, Marfrig has pursued sales and joint ventures in China (e.g., past distribution centers with COFCO and recent BRF."

My point that apparently bears repeating is:

Originally Posted by KeithC
It's foolish to let a foreign country or company to own and control any of our food supply, much more so to own so much. At best, they only care about making high profits by driving our food prices unnaturally high. Worse yet, they could use that control against us in war. There's no doubt that's a major reason why China now controls a significant portion of our food industries. They could introduce diseases, ship it overseas, destroy our food, poison it, or stop production and starve us out.


Keith

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