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Smithfield Pork to Be Sold to Chinese Meat Processor

j
JerkPork May 29, 2013 05:29 PM

http://dealbook.nytimes.com/2013/05/2...

Oh boy, how much more pork can one produce?
Yet another reason to continue buying from local farmers.

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  1. j
    JerkPork Jun 14, 2013 09:36 AM

    What are everyone's thoughts on this?

    1. pinehurst Jun 14, 2013 09:40 AM

      I don't buy Smithfield. I don't like the idea of gestation crates.
      Yes, you're right...an excellent reason to continue to buy local.

      2 Replies
      1. re: pinehurst
        Sid Post Jun 14, 2013 09:50 AM

        It's not just pork being sold overseas. And it's not just the Chinese.

        As long as the USA continues to import more than it can afford and exports remain low, ownership of physical property will continue to transfer to foreign investors.

        Regarding buying local, other than small speciality farmers, the family farm of yesterday is long gone. Farms are corporate and typically foreign owned. For example, where do you think the Japanese get most of their beef?

        1. re: Sid Post
          sockii Jun 18, 2013 03:09 PM

          My mother (foolishly) decided to try to restart the old family farm about 5 years ago. It's been nothing but financial losses on top of losses, with trying to be an ethical farmer, raising only pastured pork, heritage-breed turkeys, etc.

          I have a freezer full of the most exceptional pork I've ever eaten in my life (including organ meat, bones, fat etc since we do the "whole hog"), yet there's no way in heck to make it financially viable at the scale she has it today, because we just can't get people to regularly buy hogs at a fair price for the way they've been raised and cared for. That said, when the day comes she has to shut it all down I'm going to seek out small farmers for my meat even if I have to pay a fortune for it. There's just no comparison

      2. Firegoat Jun 17, 2013 08:10 AM

        Here's another interesting twist. The Nathan's Famous hotdogs are now changing suppliers thanks to a lawsuit and are going to be produced by Smithfield Foods.

        http://www.crainsnewyork.com/article/...

        1. ritabwh Jun 21, 2013 04:06 PM

          why don't we sell=export more pork to china rather than selling the farm to china?

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