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How will Smithfield Foods Sale Impact the U.S. Pork Industry?

2013-06-03 21:41:00| National Hog Farmer

By Steve Meyer, Paragon Economics, Inc., Adel, IA It was quite a shock, first due to its enormity and second due to its surprise. When the largest company, by far, in any industry sells, it is news. When it sells to a foreign company, it is big news. When the company is from China, it is really big news. And when word of the transaction is successfully kept under wraps, it qualifies as shocking. All of those descriptions apply to last weeks news that Smithfield Foods will be purchased by Henan Shuanghui of China. read more

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