It turns out that just four large mega corporations own 85 percent of the cattle industry. Of these four, two are foreign-owned, and one of them is Chinese, leaving just one American entity providing American beef.
"Fifty percent or more of the beef processing is controlled by countries outside of the U.S.," tweeted the Wall Street Apes (@WallStreetApes) account on X, quoting a U.S. cattle rancher. "It comes down to our own food source security."
"We used to make a fair amount of return on my cattle, but the industry has changed dramatically with the government allowing the consolidation of the meat processing business."
How this came to be is a typical American tale: Large corporations run by mega-millionaires and mega-billionaires conspired together to take over and consolidate family farms to boost their own profits and power, everyday Americans be damned.
"Our government allowed two giant companies controlled by foreign governments to come in and acquire," the cattle rancher added. "One of them is controlled by the Chinese, and they bought Smithville out of North Carolina. And the other one was a Brazilian company that came in and bought up one of the other major players."
"So now we have an industry, 85 percent of it actually has been consolidated and rolled up and controlled by four companies. Four companies now are dictating who gets what, where, and when. Do you see?"
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American Cattle Rancher Exposing That They’ve All Been Sold Out, They’re At Risk Of Being Run Out Of Business & Your Meat Is Being Imported
4 Large Mega Corporations Now Own 85% Of The Entire Industry. 2 Of Them Are Foreign Owned, 1 Of Them Is Chinese
“50% or more of the beef… pic.twitter.com/con571SzkG
— Wall Street Apes (@WallStreetApes) March 13, 2024
(Related: Much of the world's food supply is controlled by just a handful of large mega corporations.)
U.S. government an enemy of We the People
Many Americans, especially those from previous generations who remember a much better time in our nation's history, never could have imagined that their own elected officials would betray them to this degree.
It is one thing, perhaps, to allow some foreign ownership of the meat supply chain, but 85 percent ownership by just four mega corps is a whole different ballgame. Even just 50 percent or more control of the nation's meat supply by foreign entities is unacceptable.
"Our politicians and government should never allow critical infrastructure like our food supply to be bought by non-U.S. companies," wrote someone on X. "We're contributing to our own demise."
"Foreign governments and industries should have no say or majority in mass production of our food, let alone buying huge portions of the entire food sector," wrote another.
Another who tried to get a loan from the U.S. Department of Agriculture (USDA) for cattle to run a domestic cattle operation says he was unable to qualify due to the expense.
"Typically, the rule is one cow per acre but their guidelines said one cow per seven acres making the loan unaffordable," this person lamented. "I'd be working just to pay the loan and would probably still be short. They don't want cattle ranchers."
Others demanded the names of every government official involved in this travesty, not to mention explicit details about each foreign entity involved in controlling the U.S. meat supply.
"We need to figure out exactly where all these foreign enemy-controlled factories and farmlands are," one said. In the meantime, conscious consumers can support the other 15 percent of the industry by buying locally raised beef by small Mom and Pop ranchers. It's better for you and planet anyway.
With large corporations controlling much of the world's food supply, the possibility of an engineered food collapse is a greater risk than ever. Learn more at FoodCollapse.com.
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