Taking the Good with the Bad
There is good news, however. The Justice Department and 13 state attorneys general filed a lawsuit with the U.S. District Court in Chicago, seeking to stop JBS’s proposed acquisition of National Beef Packing.
Thousands of citizens took action against these mergers and encouraged the Justice department to stop this irresponsible consolidation of the beef packing industry. The Center for Rural Affairs helped over two thousand individuals voice their concerns and opposition to these mergers (view petition at http://www.cfra.org/JBS).
Mergers such as these not only hurt livestock producers, they hurt rural communities as well.
National Beef has announced that they will vigorously oppose the government’s suit. We hope, for the sake of cattle producers, consumers and rural communities, that the Justice Department proves worthy of its name and win the day over National and JBS.