Takeover costs drag on Smithfield’s transitional income
date:Mar 25, 2014
t despite the specter of PEDv, the company expressed optimism for its performance in 2014:

The outlook for calendar 2014 is much improved over 2013. Improving markets, synergistic effects from the strategic merger with WH Group, improving export opportunities, operational improvement plans in place at both the plant and farm levels and organic growth targets should provide tailwinds for improved operating performance over the next 12 months.

Early in calendar 2014, the threat of lower pork su
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