Search
Better Farming OntarioBetter PorkBetter Farming Prairies

Better Pork Featured Articles

Better Pork magazine is published bimonthly. After each edition is published, we share featured articles online.


A Chinese takeover of Smithfields?

Monday, August 5, 2013

Last year was financially unkind to Smithfield Foods Inc., the largest pork producer in the United States. While full year sales were up a full percentage point to US$13.2 billion, net income was down to $183.8 million, nearly a 50 per cent drop from $361 million a year before.

The company's press release said pork production was not a money maker last year because of higher feed costs and other inputs. Any pork producer could have told you that.

No wonder shareholders were enthusiastic about Shuanghui International, the largest butcher in China, taking over Smithfield sometime in the next six months. Shuanghui was offering US$31 a share for Smithfield Foods stock, a 31 per cent premium over the previous trading price of $25.75. The sale requires federal government approval.

Shareholders aren't the only ones wondering where this is going. Producers across North America wonder what it will mean if a firm from China, the largest pork consumer and producer in the world, acquires the Smithfield company, if indeed the sale is approved. Is this more pork going to China and away from North American markets, or what else might happen? BP

Current Issue

December 2025

Better Pork Magazine

Farms.com Swine News

Developing a new plan for rural Canada

Monday, January 12, 2026

The federal government wants input from Canadians about issues and priorities for rural parts of the country. Until Feb. 6, Canadians can participate in a public consultation through Innovation, Science and Economic Development Canada. “What we hear from those living in rural Canada... Read this article online

Mid-January CGC updates

Monday, January 12, 2026

The Canadian Grain Commission (CGC) has issued some licenses while others are no longer in effect. So far in 2025 the CGC has provided three licenses. Two belong to an Alberta company. Westlock Terminals in Westlock received two licenses on Jan. 1. One elevator got its grain... Read this article online

Episode #84: How to Identify Sick Pigs Early

Monday, January 12, 2026

How to Identify Sick Pigs Early In this episode of the SwineTime podcast, staff veterinarian and Pipestone Holdings owner Dr. Spencer Wayne is joined by fellow veterinarian and partner Dr. Joseph Yaros for a practical discussion on one of the most critical aspects of swine production:... Read this article online

BF logo

It's farming. And it's better.

 

a Farms.com Company

Subscriptions

Subscriber inquiries, change of address, or USA and international orders, please email: subscriptions@betterfarming.com or call 888-248-4893 x 281.


Article Ideas & Media Releases

Have a story idea or media release? If you want coverage of an ag issue, trend, or company news, please email us.

Follow us on Social Media

 

Sign up to a Farms.com Newsletter

 

DisclaimerPrivacy Policy2026 ©AgMedia Inc. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Back To Top