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Wednesday, November 19, 2008 at 1:24 AM
1:24AM

Brazil muscles in on American beef? Not so fast!

DateWednesday, November 19, 2008 at 1:24AM

U.S. NEWS: “Brazilian Beef Purchase Is Challenged by the U.S.,” by John R. Wilke and Lauren Etter, Wall Street Journal, 21 October 2008.

The Justice Department and 13 (count ‘em!) states challenge a Brazilian company’s attempt to buy National Beef Packing, cutting in half the JBS’s planned billion-dollar entry into our market. The other half of the planned expansion goes unchallenged.

Point being, we’re not the only ag superpower on the block, and the new kid wants to muscle in.

AuthorThomas P.M. Barnett CommentPost a Comment |
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