Smithfield Foods Confirms Classical Swine Fever In Romania
Classical Swine Fever
Smithfield Foods confirmed outbreaks of classical swine fever (CSF) at two of its hog farms in Romania.
Quarantine measures have been imposed on these farms. The results of CSF tests on animals at the company's other farms in Romania have thus far been negative.
The company is working closely with national and local governmental authorities in Romania to contain the outbreaks. Approximately 39,000 animals at the two farms will be destroyed and disposed of under the direction of Romanian governmental authorities. The company estimates that inventory write down and disposal costs associated with the outbreaks will negatively impact fiscal second quarter operating results by $4-5 million.
CSF is a highly contagious viral disease affecting pigs which is endemic to Romania and the company has been working with the government to eradicate it. The company emphasized that CSF does not affect humans and therefore poses no threat to human health or food safety.
With sales of $12 billion, Smithfield is the leading processor and marketer of fresh pork and processed meats in the United States, as well as the largest producer of hogs.