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OCM Says Federal Government Shouldn’t Have Given Trade Aid To JBS

OCM Says Federal Government Shouldn’t Have Given Trade Aid To JBS

Photo: WNAX


The Organization for Competitive Markets isn’t happy with U.S. trade aid payments going to JBS. Recently the Brazilian company got $78 million in U.S. pork contracts, more than any American pork producer to help with the impacts of the trade war with China. OCM Board Director Al Davis says the federal trade aid payments were intended for the producers themselves not for a foreign corporation.

He says JBS has had several problems related to corrupt activities and has not operated with proper ethics.

Davis says the U.S. government should have kept JBS from getting that trade assistance.

JBS currently along with three other food companies controls about 85 percent of beef production, along with Tyson foods, JBS controls about 40 percent of poultry and JBS and three other companies control nearly 70 percent of the pork market.

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