NEWS
Senators Want Smithfield Deal Review
Thu Jun 20, 2013 05:24 PM CDT

(Dow Jones) -- A group of U.S. senators, citing concerns about food safety, has asked that the Department of Agriculture and the Food and Drug Administration be allowed to participate in Washington's review of Smithfield Food Inc.'s sale to China's Shuanghui International Holdings Ltd.

In a letter dated Thursday, the senators stopped short of opposing the Smithfield deal. Valued at $4.7 billion, the acquisition would be the biggest-ever purchase of a U.S. company by a Chinese one.

The Smithfield sale is subject to review by a committee of U.S. agencies that examines the impact of certain international deals on national ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
Sort & Cull Blog
Court Denies COOL Appeal
DTN Closing Livestock Comments
Harrington's Sort & Cull
DTN's Livestock Quick Takes
The Market's Fine Print
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
DTN Closing Livestock Comments