Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group 0288.HK.
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Germany seeks aid for farmers after foot-and-mouth disease case
Germany's agriculture minister will seek financial aid for farmers hit by the impact of a case of foot-and-mouth disease on a farm in east Germany, the ministry said.
U.S. livestock: Cattle futures mixed Monday
Live cattle futures on the Chicago Mercantile Exchange hit fresh contract highs on Monday, while feeder cattle ran into resistance and backed away from their own highs to settle with small losses.
U.S. livestock: Cattle futures continue to surge as U.S. cattle on feed inventory declines
Chicago Mercantile Exchange cattle and hog futures rose across the board on Friday with cattle continuing a run of record-setting prices.
U.S. livestock: Cattle continue upward march
Cattle at the Chicago Mercantile Exchange continued their upward march on Thursday after Wednesday’s jump, while lean hogs were mixed.
Analysts believe American tariffs are inevitable
Cattle producers less vulnerable for now than feeders, hog producers analysts say
Canada’s livestock sectors have been anxious about the prospect of tariffs since Donald Trump won the American election in November. Dennis Laycraft, executive vice-president at the Canadian Cattle Association, said without knowing exactly what is coming, the organization could analyze the threatened tariffs only so much.
U.S. livestock: Cattle futures surge as funds take huge net long position
Chicago Mercantile Exchange live and feeder cattle futures climbed to life of contract highs on Wednesday, as funds took a massive net long position, analysts said.
U.S. livestock: Cattle futures mixed, lean hogs dip
Chicago Mercantile Exchange cattle futures were mixed as trade resumed following the U.S. long weekend. Most active April live cattle futures closed with small losses, reaching 197.325 cents per pound, down 0.175 cents. February live cattle gained 0.300 cents to close at 197.050 cents per pound.
Smithfield Foods targets up to $10.7 billion valuation in US IPO
Smithfield Foods is targeting a valuation of up to $10.73 billion (C$15.41 billion) in its U.S. initial public offering, the packing giant said on Tuesday, moving closer to its much-anticipated stock market return in the country after more than a decade.
U.S. livestock: Lean hogs continue losses; cattle futures mixed
Chicago Mercantile Exchange lean hog futures closed lower on Friday, continuing a streak of losses. Most active April lean hogs settled at 88.325 cents a pound, down 2.225 cents. February lean hogs closed at 81.123 cents a pound, down 1.175 cents.