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
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN Closing Livestock Comments
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
DTN Before The Bell-Livestock