The Washington Post | This foreign meat company got U.S. tax money. Now it wants to conquer America.

The Washington Post President Trump delivers remarks in support of farmers and ranchers at the White House in May. (Chip Somodevilla/Getty Images) By Kimberly Kindy  November 7, 2019 at 6:00 p.m. EST This story has been updated.Two men in cowboy hats stood behind President Trump in May as he announced a $16 billion agricultural bailout. Trump said the financial relief from his trade war with China would help American farmers, reinforcing an earlier tweet when the president said the funds would Read More …

Fox News | American farmers getting crushed by corruption from imported beef monopoly

Fox News By Emily DeCiccio America’s farmers and ranchers are applauding a bipartisan push to formally review a meat-processing conglomerate’s apparent illicit dealings and whether its products are helping support Venezuela’s Socialist regime. Senators Marco Rubio, R-Fla. and Bob Menendez, D-N.J., are spearheading a push to investigate Joesley and Wesley Batista. The senators sent a letter to Secretary of Treasury Steven Mnuchin on Oct. 8 requesting a formal review of the transactions of Brazilian meat-processing conglomerate, JBS S.A. The Batistas are the controlling shareholders of two prominent U.S. companies, JBS Read More …

OCM Applauds U.S. Senators for Probe into JBS Transactions

As reported today in Meatingplace, “U.S. Sens. Marco Rubio (R-Fla.) and Bob Menendez (D-N.J.) sent a letter to Secretary of Treasury Steven Mnuchin requesting that the Committee on Foreign Investment in the United States (CFIUS) formally open a review of the transactions of Brazilian meat-processing conglomerate JBS S.A.” Angela Huffman, Communications and Research Director for the Organization for Competitive Markets (OCM), offered the following statement: “The corrupt actions of JBS demonstrate the epitome of unchecked monopoly power. JBS 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 …

Federal Legislation Would End USDA’s Bailout Payments to Brazil’s JBS

On Tuesday, May 14, Congresswoman Rosa DeLauro (CT-03) filed the Buy American Agriculture Act (H.R. 2712) to stop the U.S. Department of Agriculture (USDA) from lining the pockets of global corporations at the expense of U.S. taxpayers and family farmers. The legislation was filed as the result of USDA’s announcement that it continues to provide millions of dollars in financial assistance to a Brazilian transnational corporation, JBS, through the bailout program established to assist America’s family farmers devastated Read More …

Greeley Tribune | Meat packing giant JBS USA getting millions in subsidies meant for farmers impacted by trade war

Greeley Tribune By Trevor Reid The U.S. Department of Agriculture plans to purchase $22.3 million of pork from Greeley-based JBS USA, which is owned by JBS SA, a Brazil-based company. The purchase is part of a bailout program intended to provide aid to U.S. farmers negatively impacted by the international trade war. In November 2018, Smithfield Foods, owned by a Chinese firm, pulled its bid for $240,000 in pork payments after Sen. Charles Grassley, R-Iowa, echoed criticisms that Read More …

Brazil’s JBS, the World’s Largest, Most Corrupt Meatpacker, to Receive $22 Million in U.S. Farm Bailout Money

Update: It is now reported that USDA will award 22,331,309 to JBS under the bailout program, rather than the $5 million previously reported. See the USDA Purchase Award Description here.  It has been reported that the U.S. Department of Agriculture (USDA) will award $5 million in U.S. taxpayer funds to Brazilian-owned meatpacking corporation, JBS, under the bailout program meant to help American farmers hurt by the trade war. In November 2018, Chinese-owned Smithfield Foods rescinded its bid for bailout money after a backlash Read More …

Voice from the Ranch: Nebraska Cattle Producer Screwed by JBS Speaks the Truth

The world’s largest beef processing corporation, JBS, is underpaying family farmers and ranchers for their cattle. Even worse, our government is letting them get away with it. A recent announcement of yet another case where a JBS meatpacking plant failed to properly weigh and keep track of cattle delivered to its plant resulted in a paltry settlement between JBS and the U.S. Department of Agriculture (USDA), highlighting how USDA is failing the American farmer and rancher. USDA Secretary Read More …