Mu Shu Pork BBQ?

Big news in the pork industry today according to the porkNetwork website, which I visit religiously… and by “religiously” I mean that I visit a few times a year on high holidays!  A company from China called the Shuanghui Group plans to acquire Virginia’s Smithfield Foods for roughly $5 billion cash (in a very large briefcase full of unmarked $50 bills, I assume).

Will there be any pork left for us barbecue loving Americans after the Chinese are done meeting their import appetite?  If I were you, I’d start stocking my pantry with as many barbecue sandwiches as will fit… this could be Y2K all over again, but this time the stakes are high.

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One Response

  1. Smithfield’s Chicken ‘N Bar-B-Q wants it to be clear that they are not selling out to China anytime soon: http://blogs.wsj.com/corporate-intelligence/2013/05/29/a-word-of-clarification-from-the-other-smithfield/

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