Pork producer Smithfield's 4Q profit falls nearly 63 percent as feed costs rise, exports fall

  • by: MICHAEL FELBERBAUM , AP Business Writer
  • Updated: June 14, 2013 - 5:00 PM

RICHMOND, Va. — Pork producer Smithfield Foods Inc.'s profit sank nearly 63 percent in the fourth quarter as feed costs rose and its exports to China and Russia declined.

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