An anonymous tip ๐ฅธ
May 05, 2023๐ท It's been announced that 37 sow farms in Missouri, US, owned by Smithfield Foods, are closing doors. The news, reported by an anonymous employee, included negative market conditions and sow herd health issues as reasons for the measures.
๐บ๐ฒ๐จ๐ณ Smithfield is the world’s largest pork processor, purchased in 2013 by Shuanghui International – China’s largest pork producer. At the time of the purchase, many worried about what it might entail and such concerns have lingered. So, considering the current conditions of the relations between the US and China, foreign ownership of American ag businesses and farmland is under scrutiny from politicians.
For more about the situation, check this out.