
Is the recently announced sale of Smithfield Foods, the largest hog producer and processor in the United States, to China's largest meat producer and processor, Shuanghui International Holdings Ltd., a good deal or a bad deal for U.S. pork producers and consumers -- in the long run? At the World Pork Expo in Des Moines last week, pork producers from Iowa and other states were pondering that question. The $4.7 billion sale was a surprise when it was announced May 29. If the sale goes…
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