shuanghui international holdings

Business
7:27 am
Mon July 22, 2013

Farm, safety groups oppose sale of Smithfield Foods

A coalition of farm and food safety groups wants federal regulators to quash the proposed sale of Smithfield Foods to a Chinese conglomerate in what would be the largest such takeover of a U.S. business.

The St. Louis Post-Dispatch reports that the 17 groups are asking the Committee on Foreign Investment in the United States to oppose the pork processor's sale to Shuanghui International Holdings Ltd.

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Agriculture
4:16 pm
Tue June 18, 2013

Missouri moves to lift ban on foreign farm owners

Credit Amy Mayer / Harvest Public Media

A last-minute move by Missouri lawmakers could make it easier for a Chinese conglomerate to buy one of the biggest pork producers in the U.S.

Legislators agreed on their final day of work in May to remove a ban on foreign ownership of agricultural land in Missouri. That change sets a foreign ownership limit at 1 percent of the state's agricultural land, subject to approval by the Missouri Department of Agriculture.

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