They purchased Syngenta, which is basically. There's no other purveyor of seeds, and some of the other crop protectant. How did we even look at that in the world? How did this happen? Smithfield, they purchased, which was the largest pork company in America. That basically controls about a fifth of our pork in America now owned by the Chinese. Brazil, with our meat processing, we have a beef price issue today in America. But part of that is because only four companies control about 85% of the processing of beef. (26:09–26:22)
CLAIM
Asserts that Smithfield, a major pork company, is owned by China and controls a significant portion of U.S. pork.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
