CROPS
Corn
Soybeans
Wheat
Canola
Field Guide
Pulse
Cotton
Hay & Forage
Horticulture
Yield Data Centre
LIVESTOCK
Swine
Beef
Dairy
Poultry
Equine
EQUIPMENT
Used Farm Equipment
Farm Equipment Dealers
Machinery News
Technology
Cool Tools
OTHER RESOURCES
Ag Industry News
Agriculture Apps
Agriculture Associations and Organizations
Business & Finance
COVID-19 Resources
Farm Auctions
Farm Energy
Farm Real Estate
Farm Safety
Farm Supplies
Farm Videos
Government & Policy
Mental Health
Precision Ag Conferences
Reflections on Farm & Food History
Rural Lifestyle
Weather
Farms.com Group Businesses
Media & Publishing
Advancing Women in Agriculture ConferenceAg Buyer's GuideAgConnectionAg & CountryAgriville.comAgSearch.com
Alberta Seed GuideBetter FarmingBetter PorkFarms.com Risk ManagementFarms.com Precision Agriculture Digital Digest
Seed ManitobaSeed WorldService Truck MagazineSmall Farm CanadaSpud Smart
Software & Services
Farms.com Professional ServicesPigCHAMP
Talent Solutions
AgCareers.comCareersInFoodCareersInGroceryDe Lacy ExecutiveFoodGradsGrasslands Recruitment Specialists
Farms.com Home  › Ag Industry News

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.
 

Trending Video

A “Nothing Burger” from Trump Xi Summitt + Bullish USDA May Crop Report for Wheat!

Video: A “Nothing Burger” from Trump Xi Summitt + Bullish USDA May Crop Report for Wheat!


The 2026 Trump/Xi Summit in China was one BIG disappointment, but the USDA May Crop Report was bullish U.S. wheat. Wheat Quality Council Tour confirmed the lower wheat production from the USDA for Kansas. Could the U.S. drought travel East and North into the top “I” states from June to August of 2026? #1 U.S. pork buyer Mexico bans 10% of supplies. E15 passes through U.S. Congress but will it pass in the Senate? Higher U.S. wholesale inflation reminds us of 2020-2022. Meal futures spiking + CFTC.

 
Wynne Provides Update on Bee Issue, Still Waiting for Feds to Take Action
Wonder Bread Returns to U.S. Shelves

Business News by Better Farming

General News by Better Farming

Forums by Agriville.com

A real lobby effort results ›
Winter wheat harvest Highwood Montana ›
U.S. Midwest Corn Pollination is Widespread in 13+ U.S. States! ›
Rain lottery ›
Friday crop.report on a Thursday middle of July on ›
Current N pricing ›

Machinery News by Better Farming

Deere & Company Board Elects Brent Norwood as Chief Financial Officer
Deere & Company Board Elects Brent Norwood as Chi... ›

Crop News by Better Farming

BASF Has Introduced a New Era of Soybean Trait Technology with Nemapshere
BASF Has Introduced a New Era of Soybean ... ›

Livestock News by Better Farming

Cypress Farm & Ranch Show 2026 Returns to Medicine Hat with Innovation, Networking, and Western Marketplace
Cypress Farm & Ranch Show 2026 Returns to... ›

Sponsored Links: 

Highest Yielding Soybeans,  PigCHAMP Grow-Finish,  Precision Agriculture,  Swine Reproduction Software
Subscribe to our Newsletters Download Farms.com Apps Advertise with us
This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.