“I write to express concerns with Cargill and Continental Grain Company’s recently announced proposed joint acquisition of Sanderson Farms for a total equity value of $4.53 billion. At closing, Cargill and Continental Grain will combine Sanderson Farms, the third largest poultry producer in the United States, with Wayne Farms, currently a subsidiary of Continental Grain, to form a new poultry business”, said Grassley in the letter.