Record First Quarter for Smithfield Foods
date:May 16, 2014
nd Farmland bacon, Farmland ham steaks, Curly's BBQ, Margherita dry sausage, Armour portable lunches and Smithfield marinated pork.

Hog Production

Hog Production operating margins rose to one per cent, or $2 per head. Year over year, live hog market prices increased 16 per cent to $71 per hundredweight, while raising costs declined four per cent to $65 per hundredweight. The company sold fractionally fewer hogs, but heavier market weights offset the shortfall. Results reflected ongoing risk ma
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