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
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
DTN Closing Livestock Comments
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
Amazon Deforestation and Ag-4
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
The Market's Fine Print
DTN Closing Livestock Comments
DTN Before The Bell-Livestock
DTN Closing Livestock Comments