JBS moves towards meat processing domination
October 21, 2008
Without predicting an outcome or taking a position, two agricultural economists have outlined the factors that United States authorities are considering related to the JBS proposal to acquire National Beef Packing Co. and the beef division of Smithfield Foods Inc.
The analysis was done by John Anderson in the department of agricultural economics at Mississippi State University and Darren Hudson in the department of agricultural and applied economics at Texas Tech University.
A combination of the largest cattle feeder and largest beef processor would be "an unprecedented arrangement" for the beef industry, Anderson and Hudson said.