Home › What Do You Think About The Smithfield Sale?
 

Keywords :   


What Do You Think About The Smithfield Sale?

2013-06-05 18:58:09| Beef

The intended purchase of Smithfield Foods by China’s largest publicly traded meat processor was big news last week. While Smithfield is huge in the U.S. pork market, controlling 26% of U.S. hog slaughter capacity and 16% of the sow herd, its production amounts to only 1.7% of the Chinese sow herd and 3% of China’s 2012 slaughter.This week’s online poll question is:“What do you think about the Chinese purchase of Smithfield?” Be sure to leave your thoughts in the comments section after voting. Its good. The purchase shows that foreign investors like the U.S. protein market, and it might help U.S. beef get into China. Its bad. I dont like foreign investment in the U.S. protein market. I dont think it matters much. Don't know.

Tags: sale smithfield

Category:Agriculture and Forestry

Latest from this category

All news
11.10No one knows the future especially in the cattle markets
11.10No one knows the future especially in the cattle markets
11.10Maple Leaf Foods unveils Canada Packers as name for new pork company
11.10Biosecurity in livestock production: Impact on animal and gut health
11.10Exploring the microbial world: What is known? What is next?
11.10Livestock producers need opportunities
11.10Fatty acids found in meat and poultry may be beneficial to human metabolism
11.10U.S. pork exports may face some risks, but opportunities abound
Agriculture and Forestry »
12.10Eastern North Pacific Tropical Weather Outlook
12.10Atlantic Tropical Weather Outlook
12.10Tropical Storm Leslie Graphics
12.10Tropical Storm Leslie Forecast Discussion Number 39
12.10Tropical Storm Leslie Wind Speed Probabilities Number 39
12.10Tropical Storm Leslie Forecast Advisory Number 39
12.10Tropical Storm Leslie Public Advisory Number 39
12.10Summary for Tropical Storm Leslie (AT3/AL132024)
More »