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re: Smithfield Farms closing major pork plant indefinitely--supply chains are getting tight

Posted on 4/12/20 at 9:49 pm to
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 4/12/20 at 9:49 pm to
quote:

The hogs will still be raised and slaughtered here, but the carcasses shipped to China to be cut up and packaged for sale there before being sent back here.

That doesn't even make any damn sense. Seems like it would cost far more to ship them back and forth than it would to just process them here.
Posted by Indefatigable
Member since Jan 2019
27278 posts
Posted on 4/12/20 at 9:50 pm to
quote:

That doesn't even make any damn sense. Seems like it would cost far more to ship them back and forth than it would to just process them here.


You would be shocked how many inefficient trips are made across the pacific during the production of pretty much everything across all industries. You are underestimating how cheap it is to do things over there when you have no OSHA equivalent with any teeth and you can pay the labor pennies on the dollar.
This post was edited on 4/12/20 at 9:54 pm
Posted by ImaObserver
Member since Aug 2019
2298 posts
Posted on 4/12/20 at 11:59 pm to
quote:

The hogs will still be raised and slaughtered here, but the carcasses shipped to China to be cut up and packaged for sale there before being sent back here.

That doesn't even make any damn sense. Seems like it would cost far more to ship them back and forth than it would to just process them here.
Here are a couple of references -
NASDAQ.COM
REUTERS
CNBC
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