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.
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.