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Smithfield purchased by Shuanghui International Holdings Limited.

Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquire Smithfield Foods Inc. for about $4.72 billion.

Hog production has returned to profitability but delayed planting is raising concerns.

Highlights of USDA’s Weekly Export Sales Report.

Smithfield expects transition to close later this year.

Highlights of USDA’s Weekly Export Sales Report.

The companies still expect the transaction to close the second half of 2013.

Softer index isn’t good news for red meat demand.

But beef exports in terms of values was still up from year-ago.

Highlights of USDA’s Weekly Export Sales Report.