With record delays in U.S. corn planting, Smithfield Foods is purchasing corn from South America. Reuters is reporting Smithfield Foods is buying grain from ADM and other unnamed companies. Rather than shipping corn from the Midwest, Smithfield has found it can be cheaper to bring in corn from Brazil, Argentina and Paraguay.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.