Last week, The Wall Street Journal reported that U.S. and Chinese trade officials reached a deal to lift China’s five-year ban on U.S. poultry imports in exchange for the U.S. allowing more Chinese cooked chicken and seafood products.
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Last week, several senators called on the USDA to stop giving federal trade-related farm aid to foreign-owned corporations, particularly Brazil’s JBS, the largest meatpacker in the world. This follows a bill by Congresswoman Rosa DeLauro, D-Conn., that would require USDA’s Agricultural Marketing Service to only purchase foods from American companies, when available.
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During President Donald Trump’s recent trip to China, Montana Senator Steve Daines (R-MT) negotiated a $300 million beef cattle deal between the Montana Stockgrowers Association and the Chinese e-retailer JD.com. The deal calls for the retailer to buy $200 million of cattle between 2018 and 2020, and invest $100 million in a new feedlot and packing plant in Montana. Some ranchers are concerned that this unusual deal will favor certain ranchers over others, and further concentrate power over the American livestock sector in the hands of Chinese companies.
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Since it was acquired in 2013 by the Chinese company WH Group, pork giant Smithfield has moved steadily to consolidate power over its supply chain. The company’s most recent purchase targeted grain elevators in Harpster and Morral, Ohio. This means Smithfield can now ship grains directly from Ohio to its feedlots in North Carolina. These acquisitions also serve to further the Chinese government’s power in the American food system.
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