date:May 15, 2014
rom $1,594.5 million during the first quarter of 2013, due mostly to a later-than-usual Easter holiday that led to lower volumes of ham sales, which were offset by a 20 percent increase in sales of Smithfield bacon. Operating profit for the segment increased to $121.2 million, 13 percent over the same period last year.
Hog Production operating margins rose to 1 percent, or $2 per head as sales topped $849.5 million vs. $834 million during last years first quarter. Year over year, live hog marke