Local

Iowa Pork Leader Sees Great Trade With Possible Smithfield Purchase

Iowa Pork Leader Sees Great Trade With Possible Smithfield Purchase

 

A U.S. government agency has given its approval to Smithfield’s purchase by a Chinese company.  Iowa Pork Producers President Greg Lear says he understands concerns about the deal that would lead to 25 percent of the U.S. pork industry being owned by a foreign company. He says however the opportunity for significant trade inroads is huge.

Lear says with that sale approval if it comes to pass will lead to just the tip of the ice berg of potential U.S. pork sales to China.

He says those who oppose the Smithfield sale to the Chinese company are just spinning their wheels because nothing can be done about it anyway.

Recent Headlines

in Local

No Special Session for South Dakota Education

Dennis Daugaard 60914

The call for a special session of the South Dakota legislature has failed.

in National

Making headlines this week

AP_272074667250

A look back at some of the week's biggest headlines and the stories you may have missed.

in Local

Governor Addresses Camp for Gifted Students

gov

South Dakota Governor Dennis Daugaard told students at the wrap up of the “Governors Camp” at USD in Vermillion today that their future is bright, but they have to make good choices.

in Agriculture

Wheat Quality Tour Shows Bumper Yields

Wheat Field

The Wheat Quality Council’s Spring Wheat Tour wrapped up yesterday afternoon and the results indicated the Dakotas could be looking…

in Agriculture

Iowa Senator Calls for Review of JBS Acquisition

pork chop 1

Iowa Senator Chuck Grassley wants the U.S. Justice Department’s Anti Trust Division to review the proposed acquisition by JBS of Cargill Pork.