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smithfield foods
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Smithfield Foods forecasts US$70M-$90M Q3 fresh pork operating loss
Lower hog and pork cutout prices are squeezing industry margins, while Smithfield expects its packaged meats business to remain profitable despite cautious consumer spending.
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Smithfield Foods sees higher costs pressure packaged meats operations as shares drop 8%
Packaged meats demand stays firm despite margin pressure from fuel and packaging expenses
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Smithfield Foods hits US$987M profit in 2025
Packaged Meats leads revenue growth as acquisitions and investments drive expansion
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Smithfield Foods to build US$1.3B pork plant in Sioux Falls, South Dakota
Relocation follows operational shifts in Massachusetts and downtown Sioux Falls redevelopment prospects
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Smithfield Foods to close Springfield Charcuterie plant
Closure affects 190 employees, with production shifting within company network