GFM Network News

Investors press meat producers to cut water pollution

Reuters — Forty-five large investors collectively managing C$1.6 trillion in assets are pressing some of the nation’s largest meat producers to set policies for reducing water pollution in their feeding, slaughtering and processing operations. The investors, who are members of sustainability non-profit advocate Ceres and the Interfaith Center on Corporate Responsibility (ICCR), sent letters to […] Read more

Smithfield sees pork operations back to normal Monday

Wilmington, N.C. | Reuters — Smithfield Foods expects to resume full production on Monday at its North Carolina meat operations, including the world’s largest pork plant, more than a week after Hurricane Matthew struck the U.S. Southeast and triggered widespread flooding in the state. Operations will get back to normal at Smithfield’s four North Carolina […] Read more

Millions of chickens reported dead in Hurricane Matthew floods

Chicago | Reuters — Flooding from Hurricane Matthew has killed up to five million poultry birds in North Carolina, most of them chickens, the state’s top environmental official said Wednesday. Donald van der Vaart, secretary of the North Carolina Department of Environmental Quality, also told Reuters that some pits that hold hog waste on farms […] Read more

U.S. livestock: CME live cattle slump limit down

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday settled down by their three cents/lb. daily price limit, on sell stops and fund liquidation after some contracts fell beneath chart support levels, said traders. October and December were down three cents/lb. at 98.875 and 100.05 cents, respectively (all figures US$). December futures […] Read more

Smithfield to shutter major hog plant against Matthew

Chicago | Reuters — Smithfield Foods will shutter its hog processing facility, the world’s largest, on Saturday to protect employees in North Carolina from Hurricane Matthew, industry sources said on Friday, as farmers braced for the storm’s potential lashing. Matthew has fueled concerns about the safety of livestock and farm workers along the coast from […] Read more

U.S. farmers race to ready for Hurricane Matthew’s blast

New York | Reuters — Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, roiled commodities markets and forced companies from cane refiners to orange juice makers to shutter as it whipped its way toward the southeastern U.S. on Thursday. Southeastern companies were closing down operations ahead of a storm that could threaten some […] Read more