Kerry Courts Farmers by Opposing Meatpacker Control of Herds Aug. 23 (Bloomberg) --
Democratic presidential candidate John Kerry won the vote of David Kruse, an Iowa cattle rancher and self-described lifelong Republican. Kerry says he will fight to stop meatpackers such as Tyson Foods Inc. and Smithfield Foods Inc. from raising their own livestock. Kruse said he's being squeezed by Tyson, the world's largest meat processor, and Smithfield, the biggest pork producer, because they cut prices through exclusive contracts with some suppliers or by owning their own herds.
Bush ``represents the corporate producers,'' said the 51-year-old Kruse, who raises a herd of 500 cattle in Royal, Iowa, 180 miles northwest of Des Moines.
SNIP
Warren Staley, 62, chief executive officer of Cargill Inc., the largest U.S. agricultural company, which owns Excel, the second-largest meatpacker behind Tyson, has raised more than $200,000 for Bush's re-election campaign. That qualifies him as a ``Ranger,'' or one of the president's top fund-raisers.
Tyson Foods donated $101,000 to the Republicans and about $40,00 to the Democrats. Tyson also gave the Bush-Cheney campaign $5,000, the maximum limit under federal law, as did Smithfield Foods' political action committee Hampac. Richard Bond, Tyson's president, contributed $2,000 to the Bush-Cheney campaign, the maximum allowed under federal law.
Kerry, 60, says companies like Smithfield, Virginia-based Smithfield Foods, which raises about 14 million hogs a year through its Murphy Brown LLC subsidiary, are hurting small farmers and producers by dictating prices.
`Time We Fought'
``It's time we fought for family farmers,'' Kerry said in a campaign speech in Independence, Wisconsin, on July 3. He pledged to attack ``unfair and anti-competitive practices, like packer ownership of livestock.''
Kerry is the first presidential candidate to take on the issue of so-called vertical integration in the meatpacking industry, said Michael Stumo, 37, an attorney with the Organization for Competitive Markets, a Lincoln, Nebraska-based group that lobbies for more regulation of commodity pricing.
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