Reversals of fortune can be breathtaking. One minute, people are riding high, surfing the wave of life. The next, they tip over like capsized canoes. Take Paula Deen. This Typhoid Mary of the obesity epidemic made untold fortunes in becoming the unchallenged champion of southern cooking. Her television shows, books, and restaurants were dedicated to …
Tag Archive: Smithfield Foods
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A rotten bacon behemoth: If a Chinese company’s bid to acquire Smithfield goes through, consumers and farmers will suffer.
American consumers may not even notice the change if a newly proposed takeover by China’s largest meat processor of our nation’s leading pork company goes through. But the $4.7 billion transaction would certainly show up on our plates: in the form of farmer exploitation, more factory farms, and a more complicated supply chain that increases …
Permanent link to this article: http://www.easttexasreview.com/a-rotten-bacon-behemoth-if-a-chinese-companys-bid-to-acquire-smithfield-goes-through-consumers-and-farmers-will-suffer/