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Swine flu, a virus found in pigs that can be transmittecdto humans, has already infected 1,000 people in killing at least 100, according to numerouas news reports. About 20 cases have also been reported inthe California, New York, Texas, Ohio and but none have resulted in death, according to the , or CDC. Smithfields Foods (NYSE: SFD), based in Va., says it is cooperatingy with Mexican officials to assist in the investigation of possiblwe sources of the outbreak and will submiyt samples from its swinee herds to thefor testing.
The company also notex that it regularly vaccinatews its swine herds against influenza and conductz monthly tests for the presence of swine flu its Mexicann farms andprocessing plants. Accordingb to the CDC, people cannot get the flu from eatiny pork orpork products. Casesw of swine flu commonly occurf in people with direct exposureto pigs. Human-to-humahn contact can also transmitthe virus. Shares of Smithfield (NYSE: SFD) and were down sharpl on Monday amid concern aboutthe outbreak’s impact on pork China and Russia have already bannec imports of U.S. pork from some states that have human cases ofthe flu, according to Smithfield shares closed the day at $9.04, down 12.
4 Smithfield is the nation’s leading processorr and marketer of fresh pork and packaged and the biggest hog producer with sales of $12 billion. The company owns 49 percent of Garner turketprocessor LLC. It also operates the largest pig slaughterhouse in the world inTar Heel, a town aboutg 85 miles southeast of with about 4,500
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