Form 4 Oracle: Boston, MA -- Form4Oracle: Insider Trading Report: Smithfield Foods Inc (SFD)

Jul 10, 2008 (M2 PRESSWIRE via COMTEX) -- SFD | Quote | Chart | News | PowerRating -- Several insiders at Smithfield Foods Inc (SFD) have reported buying more than $442.85K today as the stock was trading near its 52-week low:

- Schwieters John T, Director: reported buying $42.50K

- Fribourg Paul J, Director: reported buying $400.35K

Over the last four weeks insiders at Smithfield Foods Inc (SFD) have bought more than $468.12K:

- Trible Paul S Jr, Director: bought $8.42K increasing total holdings by 100%

- Goldberg Ray A, Director: bought $16.85K increasing total holdings by 100%

- Schwieters John T, Director: bought $42.50K increasing total holdings by 13%

- Fribourg Paul J, Director: bought $400.35K increasing total holdings by < 1%

For a current, real-time summary of SFD insider activity, visit http://www.form4oracle.com/company?cik=0000091388&ticker=SFD

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Form4Oracle, LLC specializes in distributing insider trading information published by the SEC, making it accessible and actionable for all types of investors. To learn more about how tracking insider trading activity can improve your investment returns, visit http://www.form4oracle.com.

About Smithfield Foods Inc

Smithfield Foods, Inc., together with its subsidiaries, engages in the processing of pork and production of hog in the United States and internationally. It offers fresh pork to retail customers as unprocessed, trimmed cuts, such as butts, loins, picnics, and ribs; and packaged meat products, including smoked and boiled hams, bacon, sausage, hot dogs, deli and luncheon meats, pepperoni, and dry meat products, as well as ready-to-eat, prepared foods, such as pre-cooked entrees, and pre-cooked bacon and sausage. The company also engages in the production of hogs; and turkey production and hatchery operations. Smithfield Foods sells its products to supermarket chains; wholesale distributors; the foodservice industry comprising fast food, restaurant, and hotel chains, as well as hospitals and other institutional customers; export markets; and other further processors. The company distributes its products through its sales force and independent commission brokers. Smithfield Foods was founded in 1961 and is based in Smithfield, Virginia.

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