May 2008 Newsletter

Corporate Farming Notes

On March 4 and 5, JBS-S.A. of Brazil announced the acquisition of National Beef Company of Kansas City, America’s fourth largest beef packer, as well as the Smithfield Beef Group. In little more than a year, JBS has become the largest cattle feeder and beef packer in the United States. The Department of Justice has undertaken a premerger analysis to determine if the acquisitions by JBS are anticompetitive under U.S. antitrust laws.

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