JBS

A Brazilian-owned meat processing company undercut its competition by more than $1 per pound to win nearly $78 million in pork contracts through a federal program launched to help American farmers offset the impact from an ongoing trade war.

As a result, JBS USA has won more than 26 percent of the $300 million the USDA has allocated to pork so far — more than any other company, according to an analysis of bid awards by the Midwest Center for Investigative Reporting.

A group of Midwestern feedlot operations have filed a class-action lawsuit, alleging that several major meatpacking companies, including JBS, Cargill and Tyson, broke antitrust laws by conspiring to lower the prices paid to ranchers.   

In the past few years, price-fixing allegations have been leveled against poultry and pork industries. And it’s not clear whether any of the lawsuits for any type of meat producers will bring about reforms.

From Texas Standard:

Ranchers and cattlemen have some beef with U.S. meatpackers. They claim the meatpackers are purposefully driving down the price the cattle raisers get for their beef. In 2015, meatpackers started to pay ranchers less for their cattle. It would make sense then, that the price of ribeye in the supermarket would also drop around that time. But that didn't happen.

Like many of the refugees who have resettled in Greeley, Colorado, 35-year-old Abul Basar is employed by JBS.

It’s a massive meatpacking plant that processes thousands of cattle per day and employs over 3,000 people. After a year of working on the plant’s processing line, where he disembowel cow carcasses with a large electric knife, Basar injured his right hand.

Major meatpacking company JBS USA faces another religious discrimination lawsuit.

The federal lawsuit, filed  in U.S. District Court in Denver, alleges that officials at the JBS meatpacking plant in Greeley didn’t intervene or prevent racial and religious discrimination that 37-year-old former employee Kacem Andalib said he experienced.

The world’s largest meatpacking company, JBS, shrunk last week due to selling off its massive cattle feedlot operation — the most recent asset that the Brazil-based company has sold after becoming mired in multiple corruption scandals.