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Smithfield Shareholders Approve $7.1 B Deal

Smithfield Shareholders Approve $7.1 B Deal

By Amanda Brodhagen, Farms.com

Smithfield Foods Inc. shareholders voted Tuesday to approve a $4.7 billion deal, to China’s Shuanghui International Holdings Ltd. Shareholders accepted the $34 per share offer.

More than 96 percent of the votes were in favor of the purchase. This will mark the largest takeover of a U.S. company by a Chinese business.

The deal has already been approved by U.S. government. The transaction is expected to go through later this week.
 


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SaskAgToday.com Roundtable: India imposes a 30% duty on all yellow pea imports

Video: SaskAgToday.com Roundtable: India imposes a 30% duty on all yellow pea imports

Canadian farmers have another barrier to deal with when marketing grain. India announced it will issue a 30% duty on all yellow pea imports, including from Canada, effective Saturday, November 1. That was the main topic of the SaskAgToday.com Roundtable, though it's not the only one as the final crop report of 2025, SARM's recent trip to Ottawa, and the upcoming Grain Millers Harvest Showdown in Yorkton were other notable topics.