NEWS
Mon Aug 11, 2014 07:12 AM CDT

(Dow Jones) -- Smithfield Foods Inc. said its second-quarter earnings more than quadrupled as demand in its hog production segment remained strong.

Smithfield was purchased last year by China's biggest pork producer WH Group, then known as Shuanghui International Holdings, for about $4.7 billion, a deal that marked the biggest Chinese takeover of an American company.

The meat producer said its most recent results benefited from its restructured and streamlined fresh pork and packaged meat operations. Beginning with the most recently ended quarter, the company's former pork unit now consists of two reportable segments: fresh pork and packaged meats.

Smithfield, ...

Quick View
Related News Stories
Ag Interest Rate Snapshot
Minding Ag's Business
Minding Ag's Business
Elevators Full; Grains Get Grounded
Minding Ag's Business
Ask the Taxman by Andy Biebl
Klinefelter: By the Numbers
Minding Ag's Business
Minding Ag's Business