BB&T Capital Markets analyst Heather Jones reduced her forecast for Smithfield Foods’ first-quarter profit, saying she expects further mark-to-market losses on the company’s lean hog contracts to erode profits. Jones lowered her earnings estimate for the quarter to 49 cents... (Continue reading)
Consumer perspectives of pork and pork production are the central focus of the National Pork Board’s proposed 2011 budget that will be debated next week in Des Moines. More than 50 pork producers will gather from across the country to help... (Continue reading)