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Smithfield Reopens Sioux Falls Pork Plant

Smithfield Foods has resumed operations at its Sioux Falls, South Dakota pork processing plant.
 
The harvest floor is expected to reopen May 11th. The facility will be fully operational by late May.
 
The Sioux Falls facility has been closed for more than three weeks. It's one of the largest pork processing facilities in the U.S., representing four to five percent of American pork production.
 
To date, over 2,000 Smithfield employees have been tested for COVID-19.
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.