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Ever heard of JBS Swift. You badly need to!

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G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 07:30 AM
Original message
Ever heard of JBS Swift. You badly need to!
http://www.opednews.com/articles/Ever-heard-of-JBS-Swift--by-Linn-Cohen-Cole-081116-894.html

Headlined on 11/16/08:
Ever heard of JBS Swift. You badly need to.

by Linn Cohen-Cole Page 1 of 3 page(s)

www.opednews.com


I have been attempting to alert liberal urbanites who care about the war in Iraq to the war they are actually losing here. It is not for control of oil, it is for control of food. As Henry Kissinger said - to warn us or jut flat out promoting the idea, you decide - control food and you control populations.
Your food is being taken over.

JBS is a Brazilian beef operation that is at warp speed buying out or merging with others in the beef "industry" to become far and away the largest beef conglomerate worldwide - and fully vertically integrated.


As I have been trying to say for some time, keep your eyes on agriculture. And look at what is happening here, not just abroad. Corporations are going after agriculture. That means they are now going after control over not oil in Iraq, not minerals in the Congo, but everyone's means of survival - food.

Wednesday, March 5, 2008
JBS-Swift preps to buy Nos. 4 and 5 in beef packing industry

by Bill Jackson

BS-S.A., the parent company of JBS-Swift of Greeley, has shocked the beef industry not only in the United States but worldwide with a purchase that will be officially announced today.

"Wow," was the reaction of Dick Monfort when told of the deal which involves three U.S. companies and one in Australia that JBS is buying for $1.7 billion. In July of last year, JBS bought the former Swift & Co. for almost $1.5 billion.

JBS-S.A. of San Paulo, Brazil, will announce its intentions to buy National Beef Co. of Kansas City, the Smithfield Beef Group and Five Rivers Ranch Cattle Feeding, which is a joint venture of Smithfield Foods and ContiGroup and headquartered at Centerra in Loveland. In addition, JBS is buying the Tasman Group, the largest multi-species meat processor in Australia.

The National Beef purchase was announced by that company late Tuesday; Steve Kay, publisher of Cattle Buyers Weekly in California, confirmed the other purchases with several of his sources. ...

"It's unbelievable. How did they bundle all that together?" Monfort said. And he, like Kay, wondered what the reaction of the U.S. Justice Department would have to the announcement, which means JBS will have the capacity to slaughter 42,500 head of cattle per day in the U.S. That's far ahead of the next two largest, Cargill Meat Solutions at 29,000 head per day and Tyson Foods at 28,300 per day.

In addition, with the purchase of Five Rivers, JBS will become the largest cattle feeder in the world. That company has 10 feedlots in Idaho, Colorado, Kansas, Oklahoma and Texas with a one-time capacity of 811,000 head of cattle.
..more..
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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 07:39 AM
Response to Original message
1. Interesting.
:kick:
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snappyturtle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 08:22 PM
Response to Reply #1
8. Yes it is interesting. I don't think it's a done deal yet but....
Go to Google NewsRegulators sue JBS Swift, National Beef over deal
Oct 20, 2008

WASHINGTON (AP) — Regulators are filing a lawsuit to block the world's largest beef processor from buying the nation's fourth-largest operation, saying such a deal could push up consumer prices for beef.

The Department of Justice and attorneys general for 13 states filed the suit Monday against Brazilian beef producer JBS S.A. and National Beef Packing Co. of Kansas City.

In March, JBS had said it would acquire National Beef in a $560 million stock-and-cash deal.

The lawsuit says JBS's buyout of National Beef "would complete a fundamental restructuring of the United States beef-packing industry."

The suit says it would not only lead to higher prices for U.S. consumers but also lower prices for cattle producers, ranchers and feedlots.
---------------------------------------------------------------------------------------------

A simple Google search yielded the above. Hopefully, this acquisition can be stopped.
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RebelOne Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 07:40 AM
Response to Original message
2. Doesn't alarm me because I am a vegetarian. n/t
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loudsue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 05:41 PM
Response to Reply #2
5. Vegetarians are in danger here, too. Monsanto & genetically modified
foods are cross-pollinating regular crops and making next generation natural seeds less and less viable. Food and water really are what the dark side wants to have total control over.
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bluesmail Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 05:38 PM
Response to Original message
3. 'If you control the food, you control the populations'.
Kissinger. A man who can't travel to certain countries because he'll be arrested. HA!
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 05:41 PM
Response to Original message
4. "All your food are belong to us" - Corporate fat cats
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 05:51 PM
Response to Original message
6. Yet another paranoid, fact-lite rant from OpEdNews. Yawn. nt
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 06:39 PM
Response to Original message
7. My garden gets bigger every year
and I save my own seed for the most part. People should seriously consider doing the same if they can.

Support local farmers.

Eat less meat.
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