Reasons to love Smithfield purchaseJuly 1, 2013 - 10:22amopinion/columns
There are dozens of reasons for American farmers and ranchers to be thrilled -- nay, elated -- by Shuanghui International Holding Inc.'s proposed $4.7 billion purchase of Smithfield Foods, Inc., America's biggest pork chop. Here are 10.
n No. 10: The U.S. gets back some of the dollars held by China.
While $4.7 billion is chickenfeed compared with the $1.2 trillion of U.S. debt (about 7.5 percent of our $16 trillion total) China holds,...