To truly see the power of agribusiness, and its growing disconnect from regular people and farmers, look no further than the current dust-up over Country of Origin Labeling (COOL).
Last week, the U.S. treasury approved the largest takeover by an international firm of a U.S. food company. It paved the way for China’s largest pork processor, Shuanghui, to merge with Smithfield, the U.S.’s largest pork processor.
Two Converging Rivers—That’s what Shuanghui means in Chinese, apparently. It seems appropriate when we look at the scale at which both Shuanghui and Smithfield operate in their respective countries.