Ag Coalition Wants Smithfield Purchase Stopped

Photo: clipart.com

Ag Coalition Wants Smithfield Purchase Stopped

Wednesday, a coalition of 17 ag groups sent a letter to administration officials opposing the sale of Smithfield Foods to a Chinese company. Center for Rural Affairs Assistant Executive Director Brian Depew says their group and other coalition members believe the Chinese acquisition will lead to increased concentration in the meat packing industry.

DePew says another major worry about the proposed purchase centers around food safety concerns.

The timing of the letter coincided with a Senate Ag Committee hearing looking at the planned $ 4.7 billion deal between the Chinese company and Smithfield Foods, the largest pork processer in the United States.

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