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SC Iowa | Ken Sullivan, the Smithfield CEO, was on the Bloomberg Asia TV show last night
interesting interview and had two key takeaways:
1) They sell anywhere in the world where margins are best (kind of reminded me of the Cargill philosophy)
2) A lot of product going to China is the parts of the hog not highly valued in US (snouts, hocks, etc)
here is a link to the interview....not sure how long it will be available
https://www.bloomberg.com/news/videos/2018-03-27/smithfield-foods-ca...
Ray J | |
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Smithfield CEO on Bloomberg last night
