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Cargill, Tyson, JBS suspend PAC activity, review strategies


Cargill, Tyson Foods and JBS USA have joined a growing list of large companies that are pausing political campaign contributions following last week's insurrection at the U.S. Capitol.


"Like so many, we were shocked and appalled by the acts of violence at the U.S. Capitol. This unconscionable attack on democracy stands in sharp contrast to our values as a nation and company. Given all that has transpired in politics in recent months, culminating in last week’s violence, Cargill is immediately and indefinitely suspending political contributions," the company said in a statement emailed to Meatingplace.


Cargill said it will carefully review its political contributions strategy, including criteria and potential recipients, noting that its political action committee (PAC) has supported candidates from both parties in the past, as well as causes that affect its business.


"We will continue to advocate for those policies that affect our employees, our customers and the farmers and ranchers who feed the world’s people, and we will do so by continuing to ensure that anyone receiving our support in the future shares Cargill’s values, ethics and commitment to doing the right thing," the company said.


Tyson, in a separate email, said it, too, would pause political contributions as it reviews recent events.

"We are temporarily suspending all political action committee activity while we review and consider the events of the past week," Tyson said.


JBS is taking similar steps.


"In light of the troubling events at the U.S. Capitol last week, JBS USA has suspended all contributions from its bipartisan Political Action Committee. The JBS USA PAC Board will reassess its policies and criteria for contributions and recipients," JBS USA spokesman Cameron Bruett said in an email.


Smithfield Foods and Archer Daniels Midland Co. have also announced plans to pause their political donation programs following the violence at the Capitol.


Hormel Foods, in response to an inquiry from Meatingplace, said its political donation policy has been the same for several years. "Hormel Foods does not currently use corporate funds to make direct contributions to candidates, political parties, Political Action Committees (PACs), super PACs, political committees, 527 groups, ballot question committees, 501(c)(4) organizations, or to pay for independent expenditures," the company said in an email.


(This story has been updated to include a statement from Hormel Foods.)


By Susan Kelly on 1/13/2021


Source : meatingplace.com

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