The Canadian Meat Council says pork processors and farmers need targeted support from the federal government to maintain the viability of packers and to not lose jobs.
Tag Archives meat-processing — page 2
Canadian Meat Council calls for federal support for pork processors, producers
Some packers are projecting losses of over $100 million this year in face of Chinese tariffs, council says
Brazil’s JBS bullish despite challenging outlook for US beef business
JBS, the world's largest meatpacker, said cattle remain scarce and expensive in the U.S., dampening the outlook of its beef business in the country where the company derives most of its sales.
Trump administration aims to make faster meat processing permanent
Agency plans rulemaking to formalize speed increases
Chicago/Washington | Reuters – The Trump administration said on Mar. 17 that it plans to permanently allow U.S. poultry and pork processing plants to operate more quickly, raising concerns among advocacy groups about worker health and food safety. The U.S. Department of Agriculture decision is a victory for meat companies and industry associations such as the National Chicken
China renews export registrations for US pork, poultry plants, industry groups say
Beijing has renewed registrations that allow hundreds of U.S. pork and poultry facilities to export to China, industry groups said on Monday, after lapses threatened shipments to the world's largest meat importer.
Olymel parent company posts profit in ‘pivotal’ year
Sollio Cooperative Group says recovery plan working after losses, closures
Olymel parent company Sollio Cooperative Group says 2024 was one of its best years in decades as the company recovers from a period of losses and closures.
U.S. bison ranchers rally against potential tariffs
Threatened tariffs remain a major concern for U.S. bison producers
U.S. bison producers say tariffs on Canadian animals shipped into the U.S. could disrupt the market for bison meat causing it to lose steam.
Trade war worries bring back pandemic ills
Tariffs threats out of the U.S. are reviving some livestock market concerns and consumer conversations that last hit a fever pitch during COVID-19
Tariffs threats out of the U.S. are reviving some livestock market concerns and consumer conversations that last hit a fever pitch early in the COVID-19 pandemic.
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
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.
Meat packer Pilgrim’s Pride agrees to pay $41 million to settle investors’ lawsuit
Meat industry giant Pilgrim’s Pride has agreed to pay $41.5 million (C$59.7 million) to settle a securities class action alleging the company artificially boosted its stock price by making false and misleading statements about chicken industry competition.
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.
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