Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Smithfield Foods Global Hog Production Operations Moving Toward Complete Conversion to Group Housing



Smithfield Foods Global Hog Production Operations Moving Toward Complete
Conversion to Group Housing

SMITHFIELD, Va., Jan. 3, 2013 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc.
(NYSE:SFD) announced today that at the end of 2012 it had successfully
transitioned 38% of pregnant sows on its company-owned farms in the United
States from individual gestation stalls to group housing systems.

In the latest update, the company reported that it remains on track to finish
its conversion to group housing on all company-owned farms in the U.S. by
2017. In 2007, Smithfield made a business decision to convert to group housing
for pregnant sows on all company-owned U.S. farms based on input from its
customers.

In addition, Smithfield said that its international hog production operations
also will complete their conversions from gestation stalls to group housing on
company-owned farms by 2022. Smithfield's hog production operations in Poland
(AgriPlus) and Romania (Smithfield Ferme) completed their conversions to group
housing facilities on company-owned farms a number of years ago. In addition,
the company's Granjas Carroll de México (GCM) and Norson joint ventures in
Mexico are committed to phasing out gestation stalls on company-owned farms by
2022.

"We're proud of the commitments made by our international operations, and here
in the U.S. we are continuing to make good progress toward our goal of phasing
out gestation stalls for pregnant sows at all of our company-owned farms, as
our 2012 conversion number reflects," said C. Larry Pope, president and chief
executive officer of Smithfield Foods.

For more information on sow gestation at our farms, click here.

About Smithfield Foods

Smithfield Foods is a $13 billion global food company and the world's largest
pork processor and hog producer. In the United States, the company is also the
leader in numerous packaged meats categories with popular brands including
Smithfield^®, Eckrich^®, Farmland^®, Armour^®, Cook's^®, Gwaltney^®, John
Morrell^®, Kretschmar^®, Curly's^®, Carando^®, Margherita^®, and Healthy
Ones^®. Smithfield Foods is committed to providing good food in a responsible
way and maintains robust animal care, community involvement, employee safety,
environmental, and food safety and quality programs. For more information,
visit www.smithfieldfoods.com and www.smithfieldcommitments.com.

The Smithfield Foods, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7622

CONTACT: Keira Lombardo
         Smithfield Foods, Inc.
         (757) 365-3050
         keiralombardo@smithfieldfoods.com

Smithfield Foods, Inc. Logo
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement