Gianforte Statement on Export Deal for Montana Beef
Washington, D.C. – Congressman Greg Gianforte welcomes a commitment from China’s largest retailer to purchase at least $200 million of Montana beef.
“This is great news for Montana’s stock growers. Continuing to open markets to Montana’s outstanding beef benefits our hard-working ranchers,” Congressman Greg Gianforte said.
JD.com agreed to import over $1.2 billion of beef from the Montana Stock Growers Association and pork from Smithfield Foods, Inc. over the next three years. As part of the agreement, JD.com promises to import a minimum of $200 million in beef from Cross Four Ranch in Miles City and Montana Stock Growers Association members. The company’s purchase is estimated to increase Montana beef export sales by as much as 40 percent by 2018. The agreement will bring Montana beef to as many as 300 cities in China