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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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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.