Smithfield Foods, the world’s largest pork producer, based in Smithfield, Virginia, is ending contracts with 26 hog farms in Utah to optimize its supply chain for more efficient operations in the face of an industry oversupply of pork, weaker consumer demand and high feed prices, the company announced in early December.
The contracts are with finishing farms that raise hogs to slaughter weight, Smithfield said, adding that it will continue to operate company-owned sow farms in Utah.
In addition to the massive effect on the Utah farms involved, the contract terminations will result in the Please log in to see the rest of this story.
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