date:Jun 04, 2013
S pork consumption dropping nearly 6 percent in the five years through 2012, according to the US Department of Agriculture, the Smithfield acquisition would sustain American jobs while boosting exports to China. In an e-mail to China Daily, the National Pork Producers Council said the Smithfield sale has potential to increase US pork exports to China, which would benefit all US pork producers.
What's ahead? Michael Swanson, agricultural economist with Wells Fargo, believes the Smithfield deal c