China Cannot Buy Oklahoma Farmland, So Why Is Chinese-Controlled Smithfield Still Raising Hogs Here?
A Miami News-Digest Business and Consumer Report Oklahoma says foreign adversaries, including China-linked entities, should not own Oklahoma farmland. Yet Chinese-controlled Smithfield Foods still operates hog-production farms in the state. That contradiction is the heart of the story. Smithfield’s presence in Oklahoma is not the result of a simple land purchase by a Chinese buyer. It is the result of decades of American food-industry consolidation, federal approval of a foreign takeover, corporate restructuring, and state-law exceptions that appear to protect one of the largest pork companies in the United States. The controversy is not only about who owns the land. It is about who controls the meat supply, the brands, the contracts, the processing chain, and the political exceptions that ordinary citizens rarely hear about. The Short Version Smithfield Foods was once an American pork company based in Virginia. Over time, it expanded through acquisitions, including a major...