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China is raising U.S. Food prices - dmcowen674 - 07-15-2021
7-14-2021
Smithfield Foods stops slaughtering pigs at U.S. hometown plant
Smithfield Foods, the world's largest pork processor, has stopped slaughtering pigs in the United States' so-called ham capital, where the company was founded 85 years ago.
The end of slaughtering in Smithfield, Virginia, is the latest reconfiguration for the company's namesake plant and follows a months-long internal review of its East Coast operations, Smithfield Foods said in a statement.
The company, owned by Hong Kong-listed WH Group, is shifting slaughtering to some of its 47 other U.S. facilities
The company retooled the plant in 2019 to ship hog carcasses to China, the world's top pork consumer
Smithfield's facility has the capacity to kill about 10,000 hogs a day but has been slaughtering roughly 7,000 to 7,500 hogs daily
One East Coast hog supplier, Maxwell Foods, said last year it would close and filed a breach of contract lawsuit against Smithfield Foods.