The Nation.



Vitamin Giants: The Sequel

By Jock Ferguson

This article appeared in the July 8, 2002 edition of The Nation.

June 20, 2002

For years in Madera County in the valley north of Fresno, John Peters turned vitamins and minerals into formulas that farmers blended into feed grain and fed to their chickens, hogs and cattle. Such nutritional additives mean quicker-growing animals and more profits for farmers. While it used to take chickens nine weeks to reach broiler size, now they gorge themselves on vitamin-enriched feed and in just six weeks are ready to leap onto global dinner plates.

But Peters said that his vitamin premix business is now in trouble. The chicken side is being gobbled up by vitamin makers Hoffmann-La Roche of Switzerland and BASF of Germany, and he expects that the rest of his premix business will soon follow. Last summer, Peters said, Roche refused to sell him a key feed ingredient because he would not buy all his vitamins from it, and then proceeded to underbid him with longtime customers. In Texas, Missouri and Minnesota, other small-animal nutritional businesses are facing a similar death squeeze at the hands of Roche and BASF, industry sources said.

Yes, these are the same two global giants that masterminded the most rapacious price-fixing cartel in modern business history during the 1990s and got nailed with the largest criminal fines ever levied. Roche paid $954 million and BASF more than $500 million after entering guilty pleas with the US Department of Justice, Canada, Australia and the European Union.

Subscriber Login

4 ISSUES FREE

Subscribe Now!

The only way to read this article and the full contents of each week's issue of The Nation online is by subscribing to the magazine. Subscribe now and read this article -- and every article published since for the past five years -- right now.

There's no obligation -- try The Nation for four weeks free.

.

About Jock Ferguson

Jock Ferguson has been an investigative journalist for thirty years. more...
Popular Topics
Most Searched

Issues »

Most Emailed

Issues »

Blogs

» Campaign 08

Not-Ready-for-Prime-Time Palin | GOP puts its candidate in a political witness protection program.
John Nichols

» The Notion

Palin Coward Clock Starts Ticking | Palin's refusal to take questions -- from the press or investigators -- tells us about her character.
Ari Melber

» The Beat

What McCain Needs to Tell Us About Sarah Palin | Interviewing the VP choice is important, but the real questions can only be answered by McCain.
John Nichols

» The Dreyfuss Report

McCain and The Forrestal | Back in '67, McCain did recognize the horror of war. But he chose horror.
Robert Dreyfuss

» Editor's Cut

Inside Palin's Politics | A debate with Republican strategist Barbara Comstock over what McCain's running mate represents and where she would lead the country.
Katrina vanden Heuvel

» Capitolism

Community Organizers Fight Back | These people are not particularly practiced in taking things lying down.
Christopher Hayes

» ActNow!

Power Vote | New effort to build a green youth voter bloc of one million is growing.
Peter Rothberg

» And Another Thing

Sarah Palin, Wrong Woman for the Job | Seriously, people! Life is not a Lifetime movie.
Katha Pollitt