Grassley Urges DOJ Review of Cargill Plan to Buy Sanderson Farms

U.S. Senator Chuck Grassley is urging the Justice Department’s antitrust division to “thoroughly examine” the proposed acquisition of chicken producer Sanderson Farms by Cargill and Continental Grain.

• Grassley, top Republican on the Senate Judiciary Committee, also calls on DOJ to consult with USDA on the proposed deal and its potential impact on the poultry industry, according to a letter released by the Iowa lawmaker’s office
• “I am concerned that continued mergers and acquisitions in an already concentrated poultry industry will increase consolidation, frustrate competition and reduce marketing options. I also am concerned about the impact on consumer choice and price ...