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Smithfield Hog Production Division, formerly Premium Standard Farms, Inc. (PSF), is a subsidiary of Smithfield Foods, Inc. Premium Standard Farms was the second-largest pork producer and the sixth-largest processor in the United States until Smithfield Foods acquired it in 2007.
SF Special: How Premium Standard Farms Transformed the Pig Business. With more than $.5 billion in hand, Wall Street investor Tad Gordon and feed specialist Dennis Harms created the biggest pig complex the U.S. had ever seen.
The company's operation controls production from birth to slaughter, making feed and selling live hogs, fresh pork and processed products and distributes its fresh and frozen pork to retailers, food service customers and food manufacturers and sells its live hogs to other hog processing operations.
The grain-elevator-sized project was the Crystal Peak fertilizer plant Premium Standard Farms built in 2004 to take solids out of the lagoons, pelletize it, and sell it as organic fertilizer. "It never worked; never even close," says Rainwater.
Formed in 1988, Premium Standard Farms, Inc (PSF) was founded with the aim of creating a standardized method for which to produce premium pork. To accomplish this goal, the company decided to pursue full vertical integration – the first in the United States to do so.
Since 1988, Premium Standard Farms has been combining the best science and technology with the best people in agribusiness, resulting in consistently leaner, more nutritious and more flavorful fresh pork and pork products.
Since 1988, Premium Standard Farms has been combining the best science and technology with the best people in agribusiness, resulting in consistently leaner, more nutritious and more flavorful fresh pork and pork products.
