date:Mar 25, 2014
pplies, largely attributable to PEDv, has resulted in record or near record prices up and down the entire pork value chain in the United States. While PEDv will result in lower numbers of pigs produced in our Hog Production segment, we expect higher domestic live hog prices will more than offset any volume reductions and will result in strong segment profits. We expect a return to normalized operating margins within the Pork and International segments, notwithstanding significantly increased liv