Local

Nebraska Farmers Union Disappointed With Smithfield Sale

 

Not every ag group is happy with Smithfield Shareholders decision this week to sell the company to Shuanghui  of China.  Nebraska Farmers Union President John Hansen says it’s disturbing that the largest pork processor in the U.S. is now foreign owned and is a private company tied to the Chinese government.

Hansen says having that private company tie to a government entity squeezes out all competition whether they be processor or producer.  He says the sale means more agricultural consolidation which brings with it many antitrust concerns.

He says even though Smithfield shareholders have approved the sale along with a U.S. government agency, there is yet an opportunity to slow down or stop the merger.

Hansen’s parent group, National Farmers Union is recommending that Congress revisit the official approval process with an eye towards assuring that American food systems are more stable, safe, and secure and based on a model of family farmers and ranchers.

Recent Headlines

5 hours ago in Local

SD Congresswoman Kristi Noem; Republicans Drop ACA Repeal Attempts for Now

Kristi Noem

President Obama recently vetoed a bill passed by Congress that would repeal the Affordable Care Act, or Obamacare.

5 hours ago in Local

Lewis & Clark Regional Water System Gets Federal Budget Boost….Sort of…

L&C water 102212

President Obama released his last budget request this week for the fiscal year starting in October.

8 hours ago in National

Wall Street tumbles

stocks

Wall Street was off more than 1 percent on Thursday, pushing the S&P 500 and the Dow Jones industrial average down 10 percent for the year, as investors jettisoned stocks and scurried toward safer shores.

11 hours ago in Agriculture

NFU Hoping Trade Office Could Be Opened In Cuba

cuba flag

Agriculture Secretary Tom Vilsack says the United States should open an agricultural office in Cuba and is hoping to get…

11 hours ago in Agriculture

ICCI Wants Board To Deny Pipeline Permit

iowa state flag

Today is the final day for the Iowa Utilities Board to deliberate on the permit request by Energy Transfer Partners…