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.
Competitive retail prices bode well for chicken demand in 2025 says FCC
Demand projected to grow despite slowing or even shrinking Canadian population
If chicken’s retail price advantage over beef and pork persists, per capita consumption could rise in 2025 despite slowing population growth says a recent sector outlook from Farm Credit Canada.
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.
No immediate tariffs means more time to engage, prepare say ag, food leaders
No immediately-imposed tariffs means more time to engage with American officials on the importance of free trade and to prepare for future negotiations say agriculture industry groups say.
China 2024 pork output falls for first time in four years
China's pork production in 2024 fell for the first time after rising for three years straight, official data showed on Friday, as livestock companies reduced slaughter rates due to ample hog supply and weak meat demand.
U.S. livestock: Cattle futures fall with grains
Live and feeder cattle futures on the Chicago Mercantile Exchange were weaker on Thursday, as losses in the grains and oilseeds spilled into the livestock markets.
German authorities say no more foot-and-mouth disease cases found
Britain halts imports of German pork, other meat and dairy products in effort to stop spread
German authorities said on Tuesday they had found no new cases of the livestock illness foot-and-mouth disease following intensive testing around the area where the first case was confirmed last week. Britain has banned imports of German pork and other products.
US chicken, pork plant workers face higher health risks, USDA studies confirm
Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday.
Smithfield Foods first to publicly file in 2025 for big US IPO
Smithfield Foods on Monday made public its paperwork for an initial public offering in the United States, as the maker of Farmland bacon and Farmer John sausages prepares for its U.S. stock market return after more than a decade.
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