date:Aug 12, 2014
prices for the duration of 2014 and beyond.
Notwithstanding a bullish hog production outlook, PEDv concerns seem to have thwarted market expansion for now. In addition, corn is currently trading at the lowest level in three years. This should translate into normalised fresh pork margins and high, above normalised hog production margins in 2014.
Smithfield remains focused on maximising its existing business through increased consumer marketing programmes, product innovation and capital investm