Thursday, 26 Dec 2024

Watchdog to monitor pork industry after Australian producer gobbled up by Brazilian behemoth

Watchdog to monitor pork industry after Australian producer gobbled up by Brazilian behemoth


Watchdog to monitor pork industry after Australian producer gobbled up by Brazilian behemoth
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JBS, which is controlled by powerful Brazilian business brothers Wesley and Joesley Batista, is buying Rivalea as part of a $700m spending spree in Australia that also includes taking over Tasmanian salmon farmer Huon.

He said JBS had no financial incentive to stop service kills at Diamond Valley, which slaughters about 17,000 pigs a day.

Most of the imported meat comes from Denmark and the United States, where pig farmers are supported by generous agricultural subsidies.

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