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U.S. pork processor Smithfield Foods on Tuesday posted higher first-quarter sales and profit, helped by strong demand for its ...
Q1 2025 Management View CEO Shane Smith highlighted a strong start to fiscal 2025, reporting adjusted operating profit of ...
China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to ...
Smith said Smithfield’s exports to China make up about 3% of its total sales—lower than it was during the first Trump administration—and 13% of its total export sales. He said the company is ...
Executives with Smithfield, which sells packaged products under its own name and other popular brands, including John Morrell, Farmland, Armour and Cook’s, have promoted the transaction as a way for U ...
Smithfield Foods shareholders overwhelmingly approved Tuesday the $4.7billion purchase of the pork giant by a Chinese meat processor, clearing the last remaining major hurdle toclosingthe deal.