UNITED STATES


SECURITIES AND EXCHANGE
COMMISSION


Washington,DC20549





FORM 8-K





CURRENT REPORT


Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934





Date of Report (Date of earliest
      event reported): May 19, 2010SMITHFIELD FOODS,
      INC.









Virginia
            
            1-15321
            
            52-0845861(State or other jurisdiction of
      incorporation)
            
            (Commission File
      Number)
            
            (IRS Employer Identification
      No.)








200 Commerce
      Street
              Smithfield,Virginia
            
            23430(Address of principal
      executive offices)
            
            (Zip
      Code)










Registrant's telephone number,
      including area code: (757)
365-3000





Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions (seeGeneral Instruction A.2.
below):





o
            Written communications pursuant to
      Rule 425 under the Securities Act (17 CFR
  230.425)





o
            Soliciting material pursuant to
      Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)





o
            Pre-commencement communications
      pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))





o
            Pre-commencement communications
      pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))










Section 2 – Financial
Information




Item
      2.02
              Results
      of Operations and Financial
Condition.
  On May
19, 2010, C. Larry Pope, president and
chief executive officer, and Robert W. Manly, executive vice president and chief
financial officer,of  Smithfield Foods,
Inc. (the “Company”), will make a presentation discussing the Company at the
BMO
Capital Markets 2010 Agriculture, Protein & Fertilizer
Conference.  The presentation, which will be webcast, is
scheduled to begin at 11:45 a.m., U.S. Eastern time.  The slides used
in the presentation are furnished hereto as Exhibit 99.1.
  The
presentation will contain certain non-GAAP financial information about the
Company. The
Company has included reconciliations of non-GAAP financial measures to GAAP
financial measures in the presenation.
 
 The
non-GAAP financial measures in the presentation use financial measures computed
in accordance with GAAP as a starting point. The GAAP measures are adjusted by
the impact of certain significant items to arrive at the non-GAAP financial
measures. Management believes that these non-GAAP financial measures reflect an
additional way of viewing aspects of our business that, when viewed together
with our financial results computed in accordance with GAAP, provide a more
complete understanding of factors and trends affecting our historical financial
performance and projected future operating results. This combined view of GAAP
and non-GAAP measures also provides greater transparency of underlying profit
trends and better comparability of results across
periods.  Additionally, investors frequently request information from
management regarding significant items and management believes, based on
feedback it has received during earnings calls and discussions with investors,
that these non-GAAP measures enhance investors' ability to assess our historical
performance and to project future financial performance. These non-GAAP
financial measures are not intended to be a substitute for the comparable GAAP
measures and should be read only in conjunction with our consolidated financial
statements prepared in accordance with GAAP.   Management also
uses certain of these non-GAAP financial measures, in conjunction with the GAAP
financial measures, to understand, manage and evaluate our businesses and in
planning for and forecasting financial results for future periods.
 Section
9 – Financial Statements and Exhibits
 
 Item
      9.01
              Financial
      Statements and Exhibits.
 
 (d) Exhibits
 
 99.1
              Slides to be used in the Company’s
      presentation at the BMO Capital Markets 2010 Agriculture, Protein &
      Fertilizer Conference on May 19,
2010.









SIGNATURES
 
 Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
  
 SMITHFIELD FOODS,
      INC.Date: May 19,
      2010
              /s/ Michael H.
      ColeMichael H.
    ColeVice President, Chief Legal
      Officer and Secretary







EXHIBIT
INDEX
 
 Exhibit
99.1
              Slides to be used in the Company’s
      presentation at the BMO Capital Markets 2010 Agriculture, Protein &
      Fertilizer Conference on May 19,
  2010.