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Senate Ag Committee Holding Hearing On Smithfield Purchase

Senate Ag Committee Holding Hearing On Smithfield Purchase

The Senate Ag Committee will hold a hearing this afternoon looking at the recent purchase of Smithfield Foods by a Chinese company. Iowa Senator Chuck Grassley says the Senate has a duty to use its oversight power and gain data on what’s happening with the purchase and how it will effect produdcers, U.S. companies and the country as a whole.

Part of that information is expected to come from Smithfield CEO Larry Pope who is scheduled to testify. Grasssley says for the most part, Smithfield has been very transparent over the purchase. He says he wants to make sure this purchase will be beneficial for the U.S. and not just for the Chinese government.

The final decision on the purchase will be made by a U.S. commission.

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Making headlines this week

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A look at the big stories that made news this week and the headlines you may have missed.

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Americans are really angry with Washington

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Americans are angry with the handling of issues ranging from healthcare reform to the rise of Islamic State militants.

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Rail Plan Approved

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The state Rail Board approved the new South Dakota rail plan at their meeting this week.

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Siren Project Nixed

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Bidding for the emergency siren project in the lake area of Yankton closed yesterday, but at their meeting yesterday afternoon, Commission members agreed not to go ahead with the project and to reject any received bids.

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Minnesota Farm Bureau Members Lobbying Congress

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Minnesota Farm Bureau members are in Washington D.C. this week making hill visits. Cass County Farm Bureau President Miles Kuschel,…