Source: Daily Press (Newport News, Va.), TIDEWATERBIZ, 12/10/13

Smithfield Foods reported a loss of $4.2 million in its fiscal second quarter that ended Oct. 27 compared to a profit of $10.9 million in the same time last year.

While $52 million in expenses from its merger with Chinese pork giant Shuanghui International completed Sept. 26 contributed to the loss, higher live hog prices also increased expenses for Smithfield Foods' pork division.

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