NEWS
Washington Insider--Thursday
Thu Sep 5, 2013 06:41 AM CDT

Here's a quick monitor of Washington farm and trade policy issues from DTN's well-placed observer.

Opposition Continues to Smithfield Acquisition Deal

China's Shuanghui International is moving ahead with its plans to purchase Smithfield Foods, the world's largest pork producer. Shuanghui says it has secured the $4.7 billion in funding needed to finalize its purchase of Smithfield, but the deal still faces opposition from some Smithfield shareholders who believe other potential suitors are ready to pay significantly more for the company.

Smithfield's shareholders are scheduled to vote on the transaction at a special meeting on Sept. 24, ...

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