JBS has done it again. Today, Meatingplace reports the Brazilian meatpacking giant’s South American arm has secured a deal to sell over $700 million dollars worth of beef, pork, and poultry to China per year under its Friboi and Seara brands out of Brazil. “This agreement reflects the maturity and evolution of our trade relations with China,” said Renato Costa, president of Friboi. “It will be an opportunity for us to evolve in our supply chain in an Read More …
Category: Blog
Walmart the Meatpacker: When the Big Save Money Do the Small Live Better?
When you control over 25% of the U.S. grocery market and more than 50% of grocery sales in over 200 regions, you pretty much get to do whatever you want. Walmart, whose SuperCenter stores have been driving out local businesses in a town near you for over 30 years, has now decided it wants to try its hand at meatpacking. And why not? Cutting out the middleman is good for the bottom line. Keeping as many processes in-house Read More …
New Brazilian Class Action Targets Corrupt JBS in the Name of Democracy
Brazilian class action lawsuit against corrupt meatpacking behemoth JBS lays out the undisputed evidence that through bribing over 1,800 Brazilian politicians, JBS was able to take over U.S. Swift Food, U.S. Smithfield beef group, and Pilgrim’s Pride, launching their takeover of the U.S. meat processing industry and becoming the world’s leading meat processor. The lawsuit demands JBS restore to the Brazilian public nearly a billion U.S. dollars of its ill-gotten gain. Meanwhile, U.S. officials have forked over yet Read More …
2019 in Review: Hitting ‘Em Where It Hurts
What a year! 2019 wraps up as one of OCM’s most successful yet. We exposed and challenged JBS’ corrupt monopoly power, the injustice in the market with the repeal of mandatory Country of Origin Labeling, how farmers’ checkoff dollars are being pocketed by industrialized agriculture lobbying groups, and how global corporations and foreign countries are buying up America’s farmland, disadvantaging U.S. farmers and ranchers. With your help we have taken on the food and agriculture monopolies, and they Read More …
Brazilian Prosecutors Take Aim at JBS. When Will U.S. Do the Same?
Brazilian prosecutors agree with OCM’s position that meatpacking giant JBS is guilty of fraud that led to illegal loans from Brazilian state development bank BNDES. Through bribery, JBS secured the necessary funds to go on a spending spree buying up 40 rivals on four continents, including the U.S. JBS has admitted that but for these fraudulent loans, it wouldn’t have been able to take over the U.S. beef market. Now Brazilian officials are demanding $5 billion in damage Read More …
NCBA Grants Itself $27 Million of Your Beef Checkoff Funds
Last week the Beef Checkoff Program budget for 2020 was released, outlining how cattle producers’ $40,900,000 in research and promotion funds will be spent in the coming year. The Cattlemen’s Beef Board (CBB) Beef Promotion Operating Committee (BPOC) named eight organizations as contractors that will be granted the beef checkoff funds. Once again, the National Cattlemen’s Beef Association (NCBA) won the top award, of $27,383,347 beef checkoff dollars. More than half of NCBA’s annual budget is made up Read More …
Six Actions Sonny Perdue Can Take Today to Save the U.S. Cattle Market
Join us on October 2nd in Omaha to say enough is enough: We need #FairCattleMarkets now! No matter whether you call yourself a farmer or a rancher; no matter if you raise cattle, hogs, chickens or row crops; whether you are a citizen-consumer who cares where your food comes from, you should be raising hell and demanding a just and fair market for all. Independent American hog farmers selling into an open market are a thing of the Read More …
Corrupt Brazilian Meatpacker Announces Buying Spree on U.S. Taxpayer Dime
While all our eyes are on a trade war with China, Brazilian behemoth meatpacker JBS is positioned to swoop in and take over U.S. markets with our own bailout money. This week, as reported in Meatingplace, JBS officials informed the world that JBS is “at the best moment in its history…to capture market opportunities. Exclusive organic growth is no longer a priority.” JBS will grow by taking over other companies, further strengthening its stranglehold on the market. JBS Read More …