Smithfield Foods (smithfieldfoods.com), the world's biggest #pork processor, is permanently closing 35 hog farm sites in Missouri and laying off 92 employees in October. The 🇺🇸 U.S. #meat industry has struggled with declining profits and reduced demand from consumers squeezed by inflation and higher interest rates. #usa #market [ https://www.reuters.com/article/smithfield-foods-layoffs/smithfield-foods-closing-35-hog-farm-sites-in-missouri-idUSKBN2ZI1CW ]