Smithfield Foods reports smaller-than-expected 4th-Q loss as pork sales remain stable

Publication date: Mon, 06/29/2009
AP June 16

Smithfield Foods Inc., the nation's largest hog producer & pork processor, posted a smaller-than-expected fiscal 4h-Q loss as pork sales remained stable despite the swine flu outbreak. The Smithfield, VA-based company said although the swine flu dampened demand for pork in the U.S. in May, the market