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Oldtimer
Rancher
Joined: 10 Feb 2005
Posts: 16313
Location: Northeast Montana
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 Posted: Tue Jul 22, 2008 2:05 pm Post subject: More Chickenization of Beef? |
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Pasture to Plate ownership-- they'll loan you the money to buy the cattle (the type that they tell you to buy and from who ?) and you have the chickenization of the beef industry....Cookie Cutter beef.... 
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JBS announces 'bank of cattle breeding'
Staff Reports
The Tribune
July 22, 2008
JBS S.A., the parent company of Greeley-based JBS Swift & Co., has announced it has created a "bank of cattle breeding."
With $18.7 million in starting capital, JBS Banco aims to help farmers develop production of bulls and cows, according to Meatingplace.com.
"We created this bank with products and services directed toward cattle breeding. Clients that will have accounts in this bank will need to prove to be a cattle producer," JBS President Joesley Batista told Meatingplace.com.
Batista said JBS also plans to establish similar banks in the United States, Argentina, Australia and Italy.
JBS has a cash flow of some $3.7 billion per year for cattle breeders in Brazil.
Regarding JBS's proposed acquisitions of Smithfield Beef Group, National Beef Packing Co., and Five Rivers Ranch Cattle Feeding, Batista expressed confidence that the U.S. Department of Justice would approve the deals.
"We have supported many American livestock associations, and our process is very consistent," he said. "Nobody invests $1 billion in an acquisition without doing his homework," Batista told Meatingplace.com.
greeleytribune.com |
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COIN
Member
Joined: 16 Jul 2008
Posts: 15
Location: Great Basin
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| Posted: Tue Jul 22, 2008 2:19 pm Post subject: |
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| How would this differ much from the Harris Ranch, CNB, or Agri Beef branded products?
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Sandhusker
Rancher
Joined: 10 Feb 2005
Posts: 12283
Location: Nebraska
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| Posted: Tue Jul 22, 2008 5:42 pm Post subject: |
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| Why do I hear Tennessee Ernie Ford singing "I owe my soul to the company store....."
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Ben Roberts
Member
Joined: 14 Nov 2006
Posts: 641
Location: Pomeroy, Washington
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| Posted: Tue Jul 22, 2008 9:20 pm Post subject: |
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It did not have to be this way, 2010/2012 is getting closer.
Best Regards
Ben Roberts
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cedardell
Member
Joined: 14 Feb 2005
Posts: 263
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| Posted: Wed Jul 23, 2008 5:31 am Post subject: Question |
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| What kind of cattle are they telling you to buy?
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RobertMac
Rancher
Joined: 10 Feb 2005
Posts: 2632
Location: Mississippi, USA
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Oldtimer
Rancher
Joined: 10 Feb 2005
Posts: 16313
Location: Northeast Montana
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| Posted: Wed Jul 23, 2008 12:47 pm Post subject: |
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| Quote: |
JBS announces 'bank of cattle breeding'
Staff Reports
The Tribune
July 22, 2008
JBS S.A., the parent company of Greeley-based JBS Swift & Co., has announced it has created a "bank of cattle breeding."
With $18.7 million in starting capital, JBS Banco aims to help farmers develop production of bulls and cows, according to Meatingplace.com.
"We created this bank with products and services directed toward cattle breeding. Clients that will have accounts in this bank will need to prove to be a cattle producer," JBS President Joesley Batista told Meatingplace.com.
Batista said JBS also plans to establish similar banks in the United States, Argentina, Australia and Italy.
JBS has a cash flow of some $3.7 billion per year for cattle breeders in Brazil.
Regarding JBS's proposed acquisitions of Smithfield Beef Group, National Beef Packing Co., and Five Rivers Ranch Cattle Feeding, Batista expressed confidence that the U.S. Department of Justice would approve the deals.
"We have supported many American livestock associations, and our process is very consistent," he said. "Nobody invests $1 billion in an acquisition without doing his homework," Batista told Meatingplace.com.
greeleytribune.com |
interpretation:
"We have bought the silence of the NCBA and we have paid off the necessary congressmen to get this done" Batista subconsciously told meatingplace.com
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Oldtimer
Rancher
Joined: 10 Feb 2005
Posts: 16313
Location: Northeast Montana
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| Posted: Fri Jul 25, 2008 12:31 pm Post subject: |
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This'll make breeding decisions easy...Everyone will be raising sons of
Toro Grande......
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Oldtimer
Rancher
Joined: 10 Feb 2005
Posts: 16313
Location: Northeast Montana
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Sandhusker
Rancher
Joined: 10 Feb 2005
Posts: 12283
Location: Nebraska
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Oldtimer
Rancher
Joined: 10 Feb 2005
Posts: 16313
Location: Northeast Montana
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| Posted: Sat Jul 26, 2008 1:09 pm Post subject: |
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This pretty well explains all of what the NCBA cares for...$$$$$
At least ladies of the evening are open about their occupation and price....  
Be interesting to see how much "grease" JBS will have to lay across NCBA's palms in their sellout of the American cattleman.... 
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NCBA sales price to packers? $100k per year
Monday, 03 March 2008
NCBA supposedly represents U.S. cattle producers. But producers wonder why the group fights fair markets for producers in favor of meat packers. More pointedly, why do they lie? Indeed, can you remember when NCBA has ever taken a position contrary to the American Meat Institute?
Alan Guebert gives the answer:
For example, the NCBA's "Allied Industry Partners" list (as noted at http://www.beefusa.org/affialliedindustrypartners.aspx) is a virtual who's who--other than cattlemen, of course -- of the red meat industry: Cargill, Tyson, Elanco, etc., etc.
And, as the Web site notes, one only lands on the list via the company checkbook. "Gold level sponsors," the NCBA helpfully explains, must make a "minimum $100,000 investment" in -- wait for it -- the NCBA.
Investment is a very pleasant word to describe what the loot actually buys. Influence, credibility and lobbying cover is a less pleasant, more accurate description what the relatively puny corporate cash really buys.
And Guebert artfully shows how the prostitution dynamic works:
The sell-out of these commodity groups brings to mind a story Winston Churchill loved to tell about how he once asked some comely partygoer if she would allow him "favors" in return for a large sum of money. She quickly agreed. Churchill then asked if he would receive the same favors for a fraction of the earlier sum.
Sir, asked the now-indignant lady, what do you take me for?
"Madam," Churchill coolly replied, "we've already established what you are. The question we're presently attempting to answer is price."
The price is apparently $100K, but I suspect there can be discounts.
http://www.competitivemarkets.com/index.php?option=com_content&task=view&id=31&Itemid=20 |
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graybull
Member
Joined: 10 Mar 2005
Posts: 39
Location: Wyo
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| Posted: Sat Jul 26, 2008 2:09 pm Post subject: |
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| Too bad you guys can't tell the difference between the chicken pluckers.............(Tyson) and the beef pushers...........(JBS)
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