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
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN Closing Livestock Comments
DTN's Livestock Quick Takes
Two COOL Bills Introduced in Senate
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
China Culled 20% of Hog Herd
DTN Closing Livestock Comments