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Which pig farms did Goldman Sachs buy? Here are these.
Which pig farms did Goldman Sachs buy?
South China 12 pig enterprises acquired by Goldman Sachs in China include:
1. Guangdong Honghui Agriculture Development Co., Ltd.
2. Guangdong Lily Agriculture and Animal Husbandry Technology Co., Ltd..
3. Guangdong Bandung Breeding Co., Ltd.
4. Guangdong Food Group Company Limited
5. Guangdong Huaying Food Group Co., Ltd
6. Guangdong Tianfu Food Co., Ltd.
7. Guangxi Wuzhou Dafuyuan Animal Husbandry Technology Co., Ltd..
8. Guangxi LAM Raymond Animal Husbandry Technology Development Co., Ltd.
9. Hunan Miluo Fuquan Pig Raising Co., Ltd..
10. Hunan Zhijia Agricultural Development Co., Ltd.
1 1. Sichuan Yibin Yangyuan Agricultural Development Co., Ltd.
12. Chongqing Rongchang sanyou breeding co., ltd.
Recently, Goldman Sachs has acquired a large number of pig farms in China. This acquisition is not Goldman Sachs alone, but a cooperation with its good brother and good friend ABCD, the four major international grain suppliers. Now they sell products from July to August in the pork market.
Because pig farmers buy feed (such as corn and soybean meal) at high prices, the four major international grain merchants control these prices. Therefore, many farmers can't afford the cost of raising pigs and can only sell them to large enterprises like Goldman Sachs at low prices.
When Goldman Sachs completes the acquisition of the pig market and monopolizes the whole industrial chain, they can raise prices again and obtain excess profits. This will lead to an increase in pork prices, which in turn will drive up the prices of vegetables, fruits and eggs. Grain, dairy industry, seeds and other fields are also controlled by four major grain merchants, such as Goldman Sachs, who obtain excess profits from various fields.
In addition, the control of Goldman Sachs and the four major grain merchants in the fields of grain, seeds and pork also brings potential risks. This is a question that we need to think about.
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