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.
Smithfield Foods targets up to $10.7 billion valuation in US IPO
US and Canada ease ban on French poultry imposed after bird flu vaccination
The United States and Canada have lifted embargoes on certain French poultry imports imposed after Paris decided to vaccinate ducks against bird flu in October 2023, the French agriculture ministry said on Monday.
China’s Dec imports of Canadian canola decline
Anti-dumping probe more likely to affect 2025/26 exports, FCC says
China's imports of Canadian canola, which had been surging since June, plunged in December after Beijing opened an anti-dumping investigation into the oilseed, Chinese customs data showed on Monday.
U.S. grains: Corn, soy climb on US-China optimism, Argentina weather jitters
U.S. corn futures climbed two per cent to a fresh one-year high on Friday and soybeans rose about 1.5 per cent ahead of a long holiday weekend, lifted by Argentine weather worries and cautious optimism about U.S.-China trade relations, analysts said.
US turkey producers should ramp up bird flu testing, USDA says
U.S. poultry producers should ramp up testing and monitoring of turkeys for bird flu before they are slaughtered to ensure the virus stays out of the food supply, the U.S. Department of Agriculture said on Friday.
EU and Mexico revive stalled trade deal as Trump tariffs loom
The two parties are seeking to add farm produce, services, investment and other goods to the agreement
The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs.
Immigrant US farmworkers prepare for Trump mass deportation plan
Immigrant farmworkers are preparing for incoming U.S. president Donald Trump's promise of mass deportations, including by assigning guardians for their children if they are detained, according to groups providing them legal support.
Germany has no new foot-and-mouth disease cases, minister says
Germany has no new cases of the livestock illness foot-and-mouth disease with a suspect case on Thursday not confirmed, German agriculture minister Cem Oezdemir said on Friday.
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. grains: Soy, corn futures retreat on profit-taking
U.S. soybean futures fell about two per cent on Thursday as forecasts for much-needed rains in dry areas of Argentina's crop belt and expectations of a massive Brazilian soy harvest sparked a round of profit-taking, analysts said.
Cyber-Savvy Farmer
