Smithfield Foods is the largest producer of pork and pork products in the world, processing over 27 million hogs in the 2011 fiscal year, with a daily slaughter capacity of 110,000 pigs. Approximately 55% of the company's pork revenue comes from value-added packaged meats, which have been a focal point of previous acquisitions and remain central to the company's long-term strategy. Additionally, Smithfield continues to expand its operations in Europe.

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