Source: WNAX Radio
Category: JBS Monopoly Abuse Tracker
From a small butcher shop in Brazil, JBS has become the world’s largest meat company and a dominant force in America’s food industry. Its growth is the result of illegal activity.
JBS bribed 1,800 Brazilian officials in exchange for taxpayer-subsidized loans and other favors so it could take over the global meat market. Since then, the company was involved in bribing Brazilian meat inspectors allowing them to sell and export rotten and tainted meat around the world. In 2018, JBS admitted to cheating America’s farmers and ranchers by paying them less than the real value for their cattle at three separate beef processing plants, amounting to hundreds of thousands of dollars in losses per farmer. JBS has racked up nearly 200 violations for workplace safety, employment discrimination, unfair wages, and environmental abuses since it began its takeover of the U.S. meat industry.
Meanwhile, the U.S. Department of Agriculture has purchased over 100 million dollars in meat products from JBS using taxpayer money meant to help American farmers weather the U.S.-China trade war, even though the trade war is directly fueling JBS’ growth. While China had suspended the purchase of U.S. agricultural products, it turned to JBS’ Brazilian operations to supply its demand. In August, JBS announced it is at its best moment in history to capture market opportunities as a result of increased demand from China.
OCM has called for JBS’s U.S. assets to be stripped from the company and split up, allowing for a more fair and just market.
U.S. Senators Rubio, Menedez and Stabenow, and Congresswoman DeLauro have called for the Trump Administration to launch an investigation into JBS. The Justice Department and the Securities Exchange Commission are investigating the parent company, J&F Investimentos, for potential violations of the Foreign Corrupt Practices Act. The U.S. Government Accountability Office is now opening a review of the $28 billion bailout for farmers harmed by the trade war amid allegations that the money was mismanaged and allocated unfairly.
‘An industry gone bankrupt’: Weld County lamb producers to feel impact of Mountain States Rosen closure
by Anne Delaney Source: The Greeley Tribune When the Mountain States Rosen lamb plant in Greeley announced its closure last month, the transaction was projected to have a major effect on the lamb industry nationwide. The implications of the plant shutdown are already being felt in Weld County where as many as 300,000 lambs per year are kept on feedlots. Feedlots are where the lambs are fattened up before moving to slaughter at Mountain States Rosen, which was the Read More …
DOJ asked to investigate JBS lamb facility acquisition
by Jacqui Fatka Source: Feedstuffs JBS USA Holdings Inc. closed on its purchase of the rancher-owned Mountain States Rosen lamb processing facility in Greeley, Colo., but a number of congressional leaders from five western states as well as industry groups have asked U.S. Department of Justice assistant attorney general Makan Delrahim to investigate the acquisition. The COVID-19 pandemic severely damaged foodservice sales and consumer demand for American lamb, as foodservice dine-in sales account for more than 50% of Read More …
OCM Calls for Department of Justice to Halt JBS Purchase of Mountain States Cooperative
Click Here to Read OCM’s Letter to DOJ FOR IMMEDIATE RELEASE July 31, 2020 Media Contact: Ben Gotschall firstname.lastname@example.org 402-540-1342 OCM Calls for Department of Justice to Halt JBS Purchase Ag Group cites possible antitrust violations and calls for investigation LINCOLN, NE: Today the Organization for Competitive Markets (OCM) sent a letter to Assistant Attorney General Makan Delrahim of the Antitrust Division of the United States Department of Justice (DOJ), calling for the DOJ to stop the Read More …
OCM Calls for Moratorium on Beef Imports
FOR IMMEDIATE RELEASE May 20, 2020 Media Contact: Ben Gotschall email@example.com 402-540-1342 OCM Calls for Moratorium on Beef Imports American Producers Can Feed America LINCOLN, NE–Today, the Organization for Competitive Markets (OCM) sent a letter to United States Secretary of Agriculture Sonny Perdue, calling on him to follow President Trump’s suggestion yesterday to terminate the importation of cattle into the United States. “While we agree with that strategy, we feel it does not go far enough,” said Ben Read More …
Corrupt billionaire brothers’ meat plants are riddled with coronavirus
by Isabel Vincent Source: The New York Post The world’s largest meat-processing giant was forced to shut down some of its US plants as more than 100 of its workers tested positive for COVID-19 last week, but the pandemic may be the least of its problems. The Brazilian billionaire brothers — one of whom owned a Manhattan penthouse — controlling the massive meat producer JBS, which slaughters 13 million animals a day and has revenues of $50 billion Read More …
Food Giant Puts Almost 650 Jobs at Risk in U.K.
Tulip, which is headquartered in Warwick, has entered into a consultation with employee representatives about making 642 members of staff at its Tipton base redundant. The move comes after the company was sold by Danish Crown to JBS’ Pilgrim’s Pride Corporation in a deal which valued the business at £290m in August 2019. Read more from Insider Media Limited.
World’s biggest meat company, JBS, linked to ‘brutal massacre’ in Amazon
A new investigation has linked the world’s biggest meat company JBS, and its rival Marfrig, to a farm whose owner is implicated in one of the most brutal Amazonian massacres in recent memory. The report by Repórter Brasil comes as JBS faces growing pressure over transparency failings in its Amazon cattle supply chain. Read more from The Guardian.