Justice Department Decision on Farmland bids


Sen. Chuck Grassley today issued the following statement regarding the U.S. Department of Justice's decision not to intervene in the purchase of Farmland Foods by Smithfield and Cargill.

"It's disheartening that the Justice Department won't intervene in the bankruptcy court's sale of Farmland Foods. The continued trend in agriculture concentration works against the family farmer, and today's news is very bad for Iowa's independent pork producers."