From Seeking Alpha:
Shares of hog and beef producer Smithfield Food Inc. were down Monday, as analyst slashed the company’s projected earnings based on weak hog prices and growing hog supply. BB&T downgraded Smithfield from a buy to a hold, and cut its current quarter earnings target to $0.17/share from $0.48/share. "Hog-production profitability has deteriorated dramatically […]




