Packer/Processor http://www.porknetwork.com/pork-resources/processing RSS Feed for Packer/Processor en-us Tue, 05 Mar 2013 21:12:12 GMT Smithfield venture in Mexico gets $40 million boost http://www.porknetwork.com/pork-resources/processing/Smithfield-venture-in-Mexico-gets-40-million-boost-195351821.html The World Bank's private-sector lender said this week it will lend $40 million to Norson, a joint venture in Mexico of local investors and the world's largest pork processor Smithfield Foods, to expand production and cut greenhouse gas emissions at its plants. Lawmaker: Meat inspector layoffs a misguided way to cut budget http://www.porknetwork.com/pork-resources/processing/Lawmaker-Meat-inspector-layoffs-a-misguided-way-to-cut-budget-192269381.html The threatened layoff of all U.S. meat inspectors for two weeks is a misguided way to cut federal spending and flouts the government's responsibility to assure a reliable food supply, a key lawmaker said on Wednesday. Smithfield, Kansas City Sausage form joint venture http://www.porknetwork.com/pork-resources/processing/Smithfield-Kansas-City-Sausage-form-joint-venture-191895031.html Last week Smithfield Foods announced that it has signed a non-binding letter of intent to form a 50/50 joint venture with Kansas City Sausage Company, including its sister company, Pine Ridge Farms. Pork producer losses ease http://www.porknetwork.com/pork-resources/processing/Pork-producer-losses-ease-186974531.html Although U.S. pork producer margins remain mired in red ink, the losses eased for the week ending Jan. 11, according to calculations by Sterling Marketing, Vale, Ore. USMEF: U.S. 2012 pork exports to eclipse $6 billion http://www.porknetwork.com/pork-resources/processing/USMEF-US-2012-pork-exports-to-eclipse-6-billion-186959851.html U.S. pork exports to Japan have rebounded nicely and could exceed $2 billion for the first time in a single year, according to the U.S. Meat Export Federation (USMEF). The performance of U.S. pork exports also has been very strong in Mexico, Central America and South America. U.S. pork exports buoy hopes for a profitable 2013 http://www.porknetwork.com/pork-resources/processing/US-pork-exports-buoy-hopes-for-a-profitable-2013-186361991.html Pork producers are more than ready for a much-needed return to profitability. While the past six months have undoubtedly been a severe test, the situation may be about to improve substantially. Pork producer losses grow http://www.porknetwork.com/pork-resources/processing/Pork-producer-losses-grow-185439612.html Farrow-to-finish producers lost an average $40.38 per head for the week ending Dec. 28 compared to losses of $33.81 recorded the week before, according to calculations by Sterling Marketing, Vale, Ore. Pork producer losses ease http://www.porknetwork.com/pork-resources/processing/Pork-producer-losses-ease--185053351.html Although still mired in red ink, pork producer losses eased for the week ending Dec. 21, according to calculations by Sterling Marketing, Vale, Ore. Farrow-to-finish producers lost an average $33.81 per head for the week. Record U.S. pork exports occur at critical time http://www.porknetwork.com/pork-resources/processing/Record-US-pork-exports-occur-at-critical-time-184808841.html With U.S. pork production at a very high level and producers facing extremely high operating costs, record performance in the international marketplace came at a critical time for the U.S. industry. Pork producer losses mount, feedlot losses ease http://www.porknetwork.com/pork-resources/processing/Pork-producer-losses-mount-feedlot-losses-ease-183985611.html Pork production losses grew again last week, according to calculations by Sterling Marketing, Vale, Ore. Farrow-to-finish producers lost an average $38.53 per head for the week ending Dec. 14.