Smithfield Foods is dropping
Paula Deen as a spokeswoman.
The announcement Monday came days after the Food Network said it would not renew
Deen's contract. Deen admitted using racial slurs in the past in a deposition that came to light last week in a discrimination lawsuit.
In a statement, Smithfield said it "condemns the use of offensive and discriminatory language and behavior of any kind."
was scheduled to appear on NBC's "Today" show on Wednesday, according to host Matt Lauer. Last week she abruptly canceled on the morning show.
While questioned last month in a discrimination lawsuit, the 66-year-old Food Network star admitted to using the N-word in the past, but she insisted she and her family do not tolerate prejudice.