Smithfield Foods closing 35 hog farm sites in Missouri

[BucketBack]

Murphy-Brown LLC, a division of Smithfield Foods, is “reducing its hog farming operations” across the state and “must reduce its workforce accordingly,” the company said in the notice, which affects salaried and hourly workers.

The U.S. meat industry has struggled with declining profits and reduced demand from consumers squeezed by inflation and higher interest rates. Amid spiraling feed and labor costs, meat companies have struggled to predict demand for their products.

The notice to the state’s Department of Higher Education and Workforce Development, dated Aug. 2, identified 35 hog farm operation sites. They included 13 sites in Newtown, Missouri; 12 in Lucerne, Missouri; and 10 in Princeton, Missouri.

https://www.reuters.com/article/idUSL1N39O2E6

[MountainGirl]

And the collapse continues.

[BucketBack]

No grain from Odessa, no rice from India besides speciality, no swine before it's time in Missouri..............................

[Slippy]

Its real hard NOT to see how calculated/manipulated this shit is by the .GOV

[Prepared One]

I fear much more to come, this is only the beginning. Meanwhile the MSM propagandists and that babbling idiot Dementia Joe are claiming "Bidenomics" is working. Wake the fuck up sheep! Your being hoodwinked.

[Mad Trapper]

Isn't Smithfield owned by the chi-coms now? I've heard to avoid that chit....

[hawgrider]

Isn't Smithfield owned by the chi-coms now? I've heard to avoid that chit....

Smithfield meats.... I won't touch it with a 10ft pole.

[Inor]

I do not know much about hogs because we do not have any yet. But cattle prices at auction have gone parabolic in the last couple months.

Historically, a 400-500 pound beef steer has been going for around $700-$800. Now they are in the $1400-$1500 range for smaller steers and the feedlots are getting into bidding wars over them. All of the ranchers around us are selling now to try and get in on the good prices. Usually they do not sell until late October or early November. Crazy!

I am guessing hogs are doing the same?

[Michael_Js]

And in comes gates fake meats filled with chemicals, poisons, and other wonderful drugs...How convenient!!

[1skrewsloose]

I heard that a whole lot of beef in the stores really comes from overseas, even if it says product of USA. They put crap in the feed for beef that is supposed to make men passive and docile. No wonder we're in such a mess.