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Smithfield Foods Shuts Down Major Pork Processing Facility

Smithfield Foods has announced that its Sioux Falls, South Dakota facility will remain closed until further notice due to an outbreak of COVID-19 among employees.

The plant is one of the largest pork processing facilities in the U.S., representing four to five percent of U.S. pork production.

Smithfield President and CEO Kenneth Sullivan says with a number of shutdowns across the country, the U.S. could be on the brink of a meat shortage.

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.