Company
Corn supplies expected to remain tight, prices high, Tyson CEO says
Corn supplies following this autumn’s U.S. harvest likely will remain tight, keeping prices for the grain historically high, even with farmers expected to boost acreage this year, Tyson Foods Inc. executives said.
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Tyson cautious as soft economy spurs trade-down to cheaper chicken
Tyson Foods Inc. said quarterly profit was unchanged from a year ago, as soaring feed costs offset the higher beef, chicken and pork prices the largest U.S. meat producer received from its retail and restaurant customers.
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Smithfield stock downgraded as meat fundamentals worsen
Beef and pork fundamentals “decidedly worsened” over the past month amid soaring gasoline prices and persistently high unemployment
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Cargill buys Smithfield hog production facility
Cargill's Wichita-based pork business today announced it has completed a transaction to acquire a 21,500-acre hog production site near Dalhart, Texas, from the Premium Standard Farms LLC subsidiary of Smithfield Foods, Inc. for approximately $33 million.
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Smithfield sells Texas hog complex to Cargill for $33 million
Smithfield Foods Inc. said it completed the sale of an idled hog production complex near Dalhart, Tex., to Cargill Inc. for about $33 million.
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FDA approves surgical pig castration alternative
Pfizer Animal Health announced Thursday that the U.S. Food and Drug Administration (FDA) has approved Improvest®. Farmers have the option to use this safe and effective veterinary prescription product for temporary immunological castration and reduction of boar taint in intact male pigs intended for pork.
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Smithfield Foods may buy European meat company
Smithfield Foods Inc. is in talks to buy a controlling interest of the European packaged meats company Campofrio Food Group SA for 9.5 euros ($13.62) per share.
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Big Ass Fan Company introduces the Yellow Jacket
The world’s biggest name in Big Fans introduces Yellow Jacket, the portable fan that takes abuse and stays in use. Five years in development, Yellow Jacket is designed for incredible flexibility and amazingly quiet operation, but most importantly, it’s so smashingly durable it will never need to be replaced. In fact, it’s guaranteed for life* because it’s engineered with all of the heavy-duty and operational characteristics that make it worthy of the Big Ass Fans name.
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International pig genetics alliance formed
Continuing the growth of its international pig genetics business, Groupe Grimaud, parent company of Newsham, has entered into an alliance with Pen Ar Lan, an international pig genetics company with operations in France, Poland, Brazil and Canada.
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Wal-Mart’s U.S. grocery sales rose to nearly $141 billion last year
Wal-Mart Stores, Inc.’s U.S. grocery business generated about $140.6 billion in sales last year, up 2.1 percent from the previous year, as the biggest retailer continued its expansion in fresh produce, meat, dairy products and other foods.
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AgriLabs announces scholarship winners
Steve Schram, AgriLabs President and CEO, announced the winners of AgriLabs academic scholarships for 2011-2012. AgriLabs continues to value it commitment to the community and to the industry it serves through these scholarship programs.
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- Meat industry associations quick to attack the new MCOOL rule
- Oil prices pare losses on U.S. equities turnaround
- Future of food discussion with Agriculture Secretary
- Ag markets diverged prove rather volatile on Thursday
- Hormel Foods profit declines as costs pinch
- Livestock Slaughter: Pork production up 5 percent from April 2012
