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U.S. Lawmakers Mull over China’s Smithfield Foods Takeover

U.S. Lawmakers Mull over China’s Smithfield Foods Takeover

By Amanda Brodhagen, Farms.com

United States lawmakers have a scheduled hearing on Wednesday to discuss China’s pending takeover of Smithfield Foods.

Senate Agriculture Committee lawmakers will weigh in on the deal offered by China’s Shuanghui International to buy Smithfield. The deal was struck this spring and announced in May.

The committee said the hearing will scrutinize the pending acquisition of Smithfield, while examining the government review process for foreign takeovers. Consideration will also be made on topics such as American food safety and studying the effects of foreign ownership of the U.S. food supply.

If the deal goes through, it would be the largest takeover of a U.S. company by a Chinese business – valued at $7.1 billion. Larry Pope, Smithfield Foods’ CEO is expected to speak at the hearing.
 


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Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!

Video: Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!


Demco's dual auger grain cart is designed for unloading efficiency, operator visibility, and safety in the field.

This dual-auger design features both an unload auger and a floor auger for enhanced grain cleanout and consistent flow, and the 22-inch unload auger is capable of moving up to 600 bushels per minute.

Farmers can also choose between right or left-handed unload options—right-handed unload improves visibility from the tractor cab. A new design allows both vertical and horizontal movement for precise grain placement during unloading.

Another key feature is the built-in fire safety system; a 300-gallon onboard water tank with a hose reel that provides field-ready fire suppression capability.

These dual auger grain carts are available in 1100, 1300, 1500, 1700, and 2200 bushel sizes.