A Story of American National Interests… as told by a Piece of Bacon

THIS! is honest to goodness COUNTRY BACON !!😋

THIS! is honest-to-goodness COUNTRY BACON!!😋

NONE of that mass-produced, factory-farmed, Made-in-China, Made-for-China gobbledygook.

This does NOT need refrigeration!

And, these pieces are also cooked, of course.

Oh! And you KNOW, that since 2013, Smithfield Foods, in Smithfield, VA, a formerly-American-based company, has been OWNED BY THE COMMUNIST CHINESE “Shuanghui Group” (now known as “WH Group” because it sounds more “American,” you know) because Smithfield’s Wall$teet corporate owners sold their American birthright for a paltry bowl of porridge — a mere US$4.72B.

You DO recall that China is a Communist nation, don’t you?

WH Group’s “global headquarters is strategically located in Hong Kong, with regional headquarters in China and the U.S.,” while the “Headquarters Shuanghui Development in Luohe, Henan Province,” China, and WH Group’s U.S. Headquarters of their Smithfield Foods division is in Smithfield, Virginia.

WH Group is also one of the LARGEST FOREIGN OWNERS of American farmland, with 146,000 acres, and that separate sale (as part of Smithfield’s holdings) was worth US$500M, according to the USDA.

Put another way, 146,000 acres is 228.1252 square miles… that’s nearly 20% (18.79% exactly) of the entire state of

Would another “government cheese” type program work today for meat?

Hearken back about 2 years, or thereabouts, when the COVID pandemic was descending into its deepest throes in our nation, when news came out of South Dakota that employees at a meat processing plant there in Sioux Falls began to suffer rampant infection with the viral disease. 

 

Around March 25, 2020, the first news of an infected employee was shared with the Argus Leader’s FaceBook-based tip page when an anonymous tip was sent that an unnamed employee had tested positive for the disease. They published the story online the next day at 0735 with the straight-forward headline “Smithfield Foods employee tests positive for coronavirus.” (see: https://www.argusleader.com/story/news/2020/03/26/smithfield-foods-employee-tests-positive-coronavirus/2914475001/) 

 

The Chinese-owned Smithfield Foods, though a company spokesperson, Keira Lombardo, Executive Vice President for Corporate Affairs, had confirmed to the to the paper the veracity of that claim, and asserted that the unnamed employee was being quarantined for 14 days, with pay, at their residence, and would not be permitted to return to work until given medical clearance to do so. The exceeding majority of employees there were immigrants, and refugees from all over the world – including Congo, El Salvador, Ethiopia, Myanmar, and Nepal, with over 80 different languages spoken in the plant – most of whom did not speak English, and rumors had been circulating of other employees who had earlier fallen ill and were hospitalized with a mysterious disease. 

Chinese-owned Smithfield Foods pork processing facility in Sioux Falls, SD, where the American COVID-19 pandemic first began to escalate among immigrant & refugee employees characterized as “front-line” workers. A company spokesperson said a majority of meat they export to China are so-called “underutilized” products that are allegedly not consumed in the U.S.

 

In the 3-week period that followed, positive cases of coronavirus among plant employees rapidly escalated from 80, to 190, then to 238. And by April 12, with 644 confirmed cases, the number of infected individuals at the plant accounted for about 55% of all cases statewide, with a per capita concentration of 182.25 per 100,000 — far exceeding those of more populous neighboring states, greater even than Chicago, and Seattle — while Sioux Falls’ population was a little over 192,000. Ultimately, the number of positive cases continued skyrocketing, and eventually had at least 761 positive employees.

 

After the 1st confirmed death, and under mounting pressure from Republican Governor Kristi Noem, and Sioux Falls Mayor Paul TenHaken, both who wanted the plant to close for 2 weeks, officials at the plant announced that

Bacon Dangerous? More Than You Probably Wanted To Know.

NOTE TO THE READER: It’s almost impossible to discuss food and its preparation these days without getting into history, and business ethics practices. But before you go off half-cocked, know for a certainty that in NO WAY am I opposed to the consumption of pork, nor of bacon, neither of the flesh of any animal. Presumably, because you’re now more curious, you must read further to more precisely determine what is meant by the headline — especially, and particularly if you enjoy bacon.

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Earlier, I had replied to a friend who complained about having eaten “a cheeseburger for lunch and was tired and sleepy for most of the afternoon.”

My initial thought and response was “carbohydrate-induced somnolence,” and I wrote that “the meat patty was the only source of protein in the meal – if all you had was a cheeseburger. If you had fries with them, [that was] more simple carbs.”

Giving a rather simple analogous explanation, I stated that, “the (most likely highly-processed white) bread: Simple carbs – they burn quickly – like a bottle rocket. Up quick, burns out just as quickly.”

And from there, I wrote further about the addition of cheese on the burger, by writing “Cheese: Most likely “American” which is not genuinely cheese.”

From Cheese.com:
“American cheese is processed cheese made from a blend of milk, milk fats and solids, with other fats and whey protein concentrate. At first, it was made from a mixture of cheeses, more often than not Colby and Cheddar. Since blended cheeses are no longer used, it cannot be legally called “cheese” and has to be labelled as “processed cheese,” “cheese product,” etc. Sometimes, instead of the word cheese, it is called “American slices” or “American singles.” Under the U.S. Code of Federal Regulations, American cheese is a type of pasteurised processed cheese.”

From TasteOfHome.com:
“… it’s not actually cheese—at least, not legally. The FDA calls it “pasteurized processed American cheese product.” In order for a food product to be a true “cheese,” it has to be more than half cheese, which is technically pressed curds of milk. Each slice of American contains less than 51% curds, which means it doesn’t meet the FDA’s standard.”

And, here’s the Code of Federal Regulations on the matter:
Title 21, Volume 2 — 21CFR133.169 — Revised April 1, 2020.
PART 133 — CHEESES AND RELATED CHEESE PRODUCTS

Subpart B – Requirements for Specific Standardized Cheese and Related Products

Sec. 133.169 Pasteurized process cheese.

Food — it’s production, variety, growing, farming, harvesting, preparation, etc. — is an interest of mine, and like many others, I enjoy not only a good meal, but also have an interest in some understanding about the whys and wherefores of a particular dish’s origins — its history — which also give greater, and a more full understanding to us in numerous ways.

Nitrite-free, dry cured, air dried, pork bellies which will become bacon.
Image by The Elliott Homestead.

For example, the simple, almost ubiquitous dish of beans and rice is a fully complemented dish, meaning that it has a full and complete range of proteins. Beans, by themselves have very little protein, and are primarily carbohydrates, and the same holds true for rice – very little protein, and is primarily a carbohydrate. And the proteins that each separate food has – the rice and the beans – are not “complete” proteins, meaning that individually, they do not contain the 9 essential amino acids which are found in “complete” proteins, and which are necessary in order to build and repair protein tissues (muscles) in the body.

Without exception, ALL animal-based food — regardless of the origin/source — contain complete proteins, and that includes eggs, as well as muscle and organ tissue, though it does not include fat. Fat, however, is never found outside the presence of protein. Fats and proteins could be thought of as “kissing cousins,” because they’re ALWAYS found in combination with each other. They are NEVER apart. Where there’s fat, there’s protein. As an example, consider natural peanut butter — that is, peanut butter which only added ingredient is salt. Peanuts and salt SHOULD BE the ONLY ingredients in peanut butter, and technically, as well as legally, they are, but so many other products are mistakenly called “peanut butter” when they’re actually “peanut butter spread” or something else entirely different.

A simple, even cursory, examination of the labels of Jif®, Skippy®, Peter Pan®,  and other brands – including their websites – demonstrates that in the exceeding majority of cases, their most well-known, and most widely-sold products are NOT authentically genuine peanut butter. Each of those, and others’, products labels and websites state that their products are “peanut butter spreads,” rather than being “peanut butter.”

Peter Pan® brand is manufactured and distributed by Conagra Brands, while Jif® is owned by The J.M. Smucker Company, and Skippy® is owned by Hormel Foods, LLC.

The previous citations were necessary in order to understand what follows, to demonstrate that just because people call a thing by some name, the name by which they call it is not necessarily the proper term. A four-legged animal with hooves and horns could be a bull, a boar, a ram, or a buck, and are all males of the species of cattle, hogs, sheep, goats, and deer. But they’re not females.

And while we’re continuing on the topic of food…

I have come to loathe most commercially-available “bacon.”

Why?

Not only does it taste retched, but also because in the classic, traditional sense, it is NOT bacon.

Yes, it comes from a hog – and not always pork bellies – but the method in which it’s made (“processed,” would be a much more accurate term) bears little resemblance to traditional bacon. Modern “bacon” is flash-smoked, pressure-processed with nitrites, salt-cured, and hustled out the factory door just as quickly as possible in order to continue reaping corporate profits for their Wall$treet masters.

See: USDA Food Safety Inspection Service circular, “How is bacon made?” –and– “What are the methods of curing bacon?” –and– “What are nitrosamines and what cooking methods minimize their formation?” –and– “Can bacon be made without the use of nitrite?”:
https://www.fsis.usda.gov/food-safety/safe-food-handling-and-preparation/meat/bacon-and-food-safety

Traditional, original “Old Skool” bacon was/is often smoked in a smokehouse, which not only imparts unique flavor and aroma, but is an important part the preservative curing process – the main intent of which was/is to retard the spoiling process – or turned rancid, the term applied to fats and oils which have spoiled – “spoilage” being oxidation, including discouraging growth of

The Chinese Own Smithfield, And Germans Own Krispy Kreme. Which American Corporation Will Sell Out Next??

So… today, this morning, I spent about $10 with Krispy Kreme.

If you’re a Southerner reading this, you know what that means.

If you’re not a Southerner, or are otherwise uninformed, Krispy Kreme is the North Carolina-heeadquartered company that has for years made the most delightfully light, fluffy, airy doughnuts.

They’re NOT at all like Dunkin’ Doughnuts, which are heavy, doughy, bread-cake like doughnuts. There is NO comparison whatsoever.

It’s like the difference between a Model-T, and a F1. Even though they’re both cars, they’re worlds apart.

But what I wanted to focus upon is a portion of the brief, pleasant exchange I had with the clerk in the store.

I had decided to stop in as I was returning home from taking Queenie to the veterinarian’s office for ACL surgery today. As I was nearing the area, the thought “doughnuts” occurred to me, and I knew the KK was nearby. As I drew closer, another thought occurred to me: The locally-owned-and-hometown-operated doughnut shop a little further down the road.

Not wanting to drive any further, even though it wasn’t far, per se, I opted for the nearest shop, which was the KK.

Even though I’m not a “shopaholic,” nor adherent, nor promoter of “retail therapy,” I’m fortunate to live in an area that’s conveniently located to many different shops and retailers. Some folks have to drive quite a distance to do so almost anything, whereas I do not. So, I count my blessings, in a manner of speaking.

I had donned a facemask before I walked in, looked around briefly – I was the only customer present – and

OSHA Fines Chinese-Owned Smithfield Foods For Causing Employees’ COVID-19 Infection

Human life is cheap to Corporate America.

U.S. Department of Labor Cites Smithfield Packaged Meats Corp. For Failing to Protect Employees from Coronavirus

SIOUX FALLS, SD – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Smithfield Packaged Meats Corp. in Sioux Falls, South Dakota, for failing to protect employees from exposure to the coronavirus. OSHA proposed a penalty of $13,494, the maximum allowed by law.

Agency: Occupational Safety & Health Administration
Date: September 10, 2020
Release Number: 20-1684-NAT

With a paltry, even laughable, mere $13,494 on the line, it’s not even a good slap on the wrist. They make that in a fraction of a second of business operations.

Remember: Smithfield Foods has NOT BEEN an American company since selling out to the Chinese in 2013. Good old fashioned Corporate American Wall $treet greed sold out America and Smithfield to China.

Wan Long, RIGHT, Chairman and CEO of WH Group, formerly called Shuanghui International, shakes hands with Charles Larry Pope, President and CEO of Smithfield Foods, at a press conference of WH Group in Hong Kong, China, 14 April 2014.
Two subsidiaries of Henan Shuanghui Investment and Development Co have gained access to the Russian market, after its parent company — WH Group Ltd, the world’s largest pork producer— acquired US pork producer Smithfield Foods Inc and bought a stake in Campofrio Food Group SA of Spain, the largest pan-European packaged meat products company, last year. The two Heilongjiang-based companies — Wangkui Shuanghui Beidahuang Food Co and Heilongjiang Baoquanling Shuanghui Food Industry Co — got the official nod after their production facilities and products were examined and assessed by officials from Russia’s meat products watchdog, the Federal Service for Veterinary and Phytosanitary Surveillance, in August, Shuanghui Development said on its website. To widen its import market for meat, the Russian government agreed to import meat products from five Chinese suppliers by the end of August, indicating the nation has taken a flexible strategy to balance the supply and demand relationship, while the US and its European allies are trying to squeeze the country’s trade space in the world market.

And the corporate masters are STILL selling out the people. Just read their laughable response later down. They’re actually protesting the poor token of a penalty.

Seriously. They are!

Even the right-tilting tabloid New York Daily News owned by Rupert Murdoch, has written about the fractional pittance which has been assessed upon the corporation by the OSHA.

Billion-dollar meatpacking companies fined total of $30,000 after 10 worker COVID deaths, 1,600 infections

By Joseph Wilkinson, New York Daily News, September 12, 2020 at 10:12 PM

And Congress has the power to act. However, with Moscow Mitch misleading the Senate, there’ll nothing be done about anything the House sends to that traitorous rich bastard.

WH Group, formerly known as Shuanghui International, bought the venerable American company known for their hams since its 1936 inception in Smithfield, Virginia, for $4.7 billion in 2013. In fact, it was the region’s Native Americans who taught the Paleface settlers to the area the unique curing process they’d created well over 500 years ago, and which increased in popularity as time went on.

After the Committee on Foreign Investment in the United States (CFIUS) claimed that the sale would not endanger national security, Smithfield then became a subsidiary of that publicly traded Chinese corporation. However, as Michigan’s Democratic Senator Debbie Stabenow told PBS in 2014 “Food security IS National Security.”

I’ve written about that problem previously, on Wednesday, May 29, 2013 as:

Smithfield Foods Chinese Pork Project is a Wall Street Happy Meal Deal: American Prices Will Increase

More than anything, it looks like the Loser in Chief is in cahoots with the Chinese.

I mean, after all, if he’s as big and bad on them as he claims to be, this fine would be 100x time amount to start with.

Yes, that’d be USD$1,349,400.

It’s HIGH TIME for a 75/25 rule of law!

Simply put, it goes like this:

75% of any businesses’ ownership MUST be American to enjoy a 25% corporate tax rate.

Presently, the Federal Corporate Tax Tate is set at 21%. Before the Tax Cuts and Jobs Act of 2017 (the so-called “Trump tax cuts” which, true to course, benefited only the wealthy), the tax rate was 35%. I have little doubt that the law will be repealed, thus increasing the corporate tax rate.

There MUST be a punishment exacted, and penalty paid for corporations which despitefully exploit their domestic American existence!

What’s more, Congress could, and should, also enact a 60/40 rule of law, which, again, simply stated, is that for companies which are employee-owned, they must be at least 60% owned by employees – either direct, indirect (trust), or hybrid – in order to enjoy certain additional tax benefits not available to other corporate-owned businesses. By so doing, it would encourage employee ownership of businesses.

Corporate alienation and isolation from the day-to-day lives of their employees and the Average American is highly problematic, and such a rule would go a long way toward readjusting in a positive manner the lopsided and skewed income and wealth gap in the United States.

And much to my surprise, I have just learned that Corey Rosen, Founder of the National Center for Employee Ownership, a 501(c)(3) not-for-profit organization that promotes employee stock ownership, has written an OpEd published in The Hill which states in part that,

“Sen. Ron Johnson (R-Wis.), one of the most conservative members of Congress, and Rep. Alexandria Ocasio-Cortez (D-N.Y.), one of the most liberal, have both introduced sweeping proposals to broaden employee ownership in the U.S. That surprising fact testifies to just how practical—and urgent—this idea is.”

Mr. Rosen also pointed to 2019 research by Rutgers University which found in part, that “employee stock ownership plans (ESOPs) enable families to significantly increase their assets, shrinking—though not eliminating—gender and racial wealth gaps,” and wrote that “ESOP companies helped employees gain a better understanding not just of corporate financial issues—most ESOPs have some form of open book management—but also personal financial planning. Many companies offered employees an increased voice in how their work was organized, providing a level of personal agency lacking in most jobs.”

How China purchased a cut of America’s prime pork industry (RevealNews.org)

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OSHA fines Smithfield Foods $13,494 for not protecting South Dakota workers from COVID-19, faces backlash from company and workers – Agweek

Written By: Jeremy Fugleberg
Sep 10th 2020 – 1pm.

SIOUX FALLS, S.D. — The U.S. Occupational Safety and Health Administration has fined Smithfield Foods $13,494 for failing to protect employees at its Sioux Falls meatpacking plant from exposure to COVID-19, OSHA announced Thursday, Sept. 10, and both the company and the union that represents plant works are objecting to the decision.

The workplace safety agency said the Smithfield fine was the maximum allowed by law for the single violation it found at the plant, which for a time was one of the largest COVID-19 hotspots in the nation. OSHA cited the company for one violation of failing to provide a workplace free from recognized hazards that can cause death or serious harm.

A COVID-19 outbreak at the plant in March and April sickened 1,294 employees and killed four, OSHA said. It also sickened hundreds of family members and other close contacts to workers.

“Employers must quickly implement appropriate measures to protect their workers’ safety and health,” OSHA Sioux Falls Area Director Sheila Stanley said in a news release. “Employers must meet their obligations and take the necessary actions to prevent the spread of coronavirus at their worksite.”

The OSHA fine is “wholly without merit” and Smithfield Foods will contest it, said Keira Lombardo, the Virginia-based company’s executive vice president of corporate affairs and compliance.

Beef, Pork, Chicken Prices to INCREASE Significantly

Concentrated American Business Operations Spell Economic Disaster

We apparently either forgot, or didn’t learn our lessons in the events which led up to the Great Depression.

https://www.bloomberg.com/opinion/articles/2020-04-30/the-coronavirus-won-t-bring-the-end-of-big-meat-processing-plants

Colloquially, through our nation’s Federal laws governing business practice and ownership, etc., we’ve “put all our eggs in one basket.” As a result, when one factory or industry hiccups or sneezes, the entire system gets sick. The same principle is true for many other businesses and aspects of our economy.

You’ve probably read my expressions on a topic very much like this before.

“The concentration of America’s meat packing industry is ultimately a symptom of its weakness, rather than its strength.”

Despite being the world’s second-largest meat consumer after China, the U.S. slaughters almost all of its annual production of meat in just 835 facilities.

Five decades ago (in most American’s lifetimes) there were OVER 10 times as many such facilities. Anecdotally, an Epidemiologist friend share that, “Growing up in the 50’s there were dairy farms all over the South. There are very few now.”

That’s:
🐖130 million pigs
🐄33.6 million cows
🐑2.3 million sheep

If anything, those figures significantly understate how extremely concentrated the slaughter industry is.

In fact, about 66% of America’s pork is processed through 24 giant facilities owned by just 4 companies:
1.) Smithfield Foods Inc.; 2.) JBS SA; 3.) Tyson Foods Inc., and; 4.) Clemens Family Corp.

Over 80% of beef comes from just 12 abattoirs owned by 4 companies:
1.) Tyson; 2.) JBS SA; 3.) Cargill Inc., and; 4.) Marfrig Global Foods SA.

And of the two groups of meat processors which represent 50% of the meat categories consumed in America, pork and beef, 2 companies – Tyson, and JBS SA – own or control a significant portion of that market, 25%, based upon the number of competitors in the 2 categories, pork and beef.

Tyson, which is headquartered in Arkansas, is American-owned, unlike Smithfield which is headquartered in Virginia, and owned by Chinese interests. However, a full 66% of Tyson’s operations are overseas, and the company boasts that they control 20% of the entire American market share of meat by writing that “1 in 5 pounds of chicken, beef, & pork in the U.S. is produced by Tyson Foods.”

Chicken farmers are modern-day sharecroppers, and Tyson acknowledges as much by writing that, “We supply the birds and feed, and provide technical advice, while the poultry farmer provides the labor, housing and utilities.”

The North American Meat Institute (NAMI), a Washington, D.C. based lobbying organization for the major players in the corporate-owned industrialized meat industry – NOT mom & pop-owned Family Farms, which are increasingly rare – writes this on their website about the meat industry in America:

Black Journalist Confesses: “I’ve used the n-word.”

This Op-Ed speaks volumes.

Read on.

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Confession of a black journalist: Like Paula Deen, I’ve used the n-word (Opinion from Anthony Cook)

Anthony Cook, Huntsville Times Community News Director

By Anthony Cook | ACook@al.com
Follow on Twitter
on June 25, 2013 at 8:18 AM, updated June 25, 2013 at 12:57 PM

When I first heard about the dust-up over food mogul Paula Deen saying the n-word, my first reaction was “Um … OK.”I considered it just that – a dust-up. Big deal.But when it was reported that her extremely popular cooking show was being dropped from the Food Network, my thoughts changed to: “This is a big deal.”I’m guilty of spending the occasional Saturday morning in front of the tube with my wife, watching Paula whip up some Southern comfort food.When I heard she’d used the n-word at some point in her life, I wondered how I’d view her the next time she was on TV, concocting something you could almost taste through the screen and telling us “This is so good, y’all.”

But, apparently that’s not gonna happen. Not only has Food Network dropped her show, but Smithfield Foods has dropped her as a spokeswoman, and QVC and Walmart are considering doing the same.

This writing isn’t a defense of Paula Deen. She’s a big girl. She can take care of herself. And those businesses that are dropping association with her are just that – businesses. They have to consider the bottom line, which can be greatly affected by blows to their image. They essentially have been left with no choice.

I began to see the hypocrisy of expecting white people to adhere to a standard that I was not upholding myself.

As a black man, this writing is my attempt to point out

Smithfield Foods Chinese Pork Project is a Wall Street Happy Meal Deal: American Prices Will Increase

If you like bacon, ham, pork sausage, barbecue, ribs, or any other pork product – including cold cuts & pizza – get ready to pay at least 2 – 4 times more, and for shortages.

Why?

Wall Street minions – who manage Smithfield, an American company no more – have no patriotic qualms about taking food off your table and out of your mouth to feed the mouths of the people who steal our nation’s military secrets, defraud our motion picture & music copyrights, and have an historical track record of Shanghai-ing anyone & everyone who gets in their way.

You think I’m kidding, or that I don’t know what I’m writing about?

Just recollect back a few months – oh, say about 7 – to Thanksgiving in November 2012 when pecans were 2x – 3x the price they were usually.

And why was that?

After all, pecan farmers had a record bumper crop… and that typically translates into lower prices for consumers.

It’s because the Chinese suddenly discovered they liked pecans, and were willing to pay premium prices (translate: much MORE then you’re willing to pay), and so the growers shipped pecans over to China.

As I continue to contend, IT’S ALL ABOUT THE MONEY.

Okay… so it may cost more. So what?

How about this?

Were you aware that the Chinese company that bought Smithfield sold pigs that had been fed a substance banned in the USA & England & other nations?

Yup.

Shuanghui Group, China’s largest meat processor, sold pigs fed Clenbuterol in 2011. Here are three links about the ordeal.

And, would it surprise you to find out that Goldman Sachs is one of the top investors?

1.) “According to Chinese government data, 18 outbreaks of food-related clenbuterol poisoning occurred between 1998 and 2007. The most recent report indicates one person died and more than 1,700 others fell ill.”

2.) “Meanwhile, at Jiyuan Shuanghui’s processing facilities, of the 689 pigs awaiting slaughter, 19 tested positive for clenbuterol. Shuanghui, which counts Goldman Sachs among its investors, has shut down the Jiyuan branch affected by the contamination so it can conduct its own inspection.”

3.) “And in recent months the additive has earned notoriety in China after a string of people got sick from eating pork products full of it. Hundreds took ill in one incident in March, and this week, 286 people in Hunan province after eating pork contaminated with ractopamine, a chemical very similar to clenbuterol. Chinese livestock farmers began using clenbuterol in pig feed in the late 1980s to boost growth and get animals to market faster, but it was banned in 2002 as the health risks of eating the meat became better understood. Clenbuterol-tainted meat dizziness, headaches, hand tremors, and other unpleasantness. It’s especially risky for people with heart troubles.”

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Shuanghui Agrees to Acquire Smithfield Foods for $4.72B

By Shruti Date Singh and Jeffrey McCracken – May 29, 2013

Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquire Smithfield Foods Inc. (SFD) for about $4.72 billion to boost supplies for the nation that’s the biggest consumer of the meat.

Closely held Shuanghui, parent of Henan Shuanghui Investment & Development Co. (000895), will pay $34 a share for the Smithfield, Virginia-based producer, both companies said today in a statement. The offer is 31 percent more than yesterday’s closing share price.

China’s consumption of pork is rising with the expansion of its middle class while there are questions being asked about the safety of the country’s food supply. Smithfield’s livestock unit is the world’s largest hog producer, bringing about 15.8 million of the animals to market a year, according to the company’s website. It owns 460 farms and has contracts with 2,100 others across 12 U.S. states.

The takeover is valued at $7.1 billion including debt, which would make it the largest Chinese takeover of a U.S. company, according to