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Some Thoughts On The Chinese Purchase of Smithfield Foods

2013-05-30 16:23:00| Beef

Len Steiner and Steve Meyer, CME Group While Smithfield Foods is a behemoth both as a packer and hog producer, it is a drop in the bucket compared to hog numbers, pork production and pork consumption in China. The purchase doesnt change the structure of the U.S. industry at all and thus should have no impact on the competitive landscape. read more

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