Smithfield Returns To Profit, Tops Street View

U. S. hog and pork producer Smithfield Foods Inc. posted its first quarterly profit since 2008 and said its hog unit, a longtime drag on results, should improve in the coming fiscal year. The company also said pork sales to China and Russia should resume soon, and restructuring its pork segment should boost earnings in

Big Sky Files For Creditor Protection: Reports

Big Sky Farms, the largest hog production company in Saskatchewan, has applied for creditor protection, according to Saskatchewan media. The Humboldt, Sask. company cited an unprecedented downturn in North America’s markets for pork, Canadian Press said Nov. 11. CBC quoted Big Sky CEO Casey Smit as saying in a news release that “while today’s actions


Maple Leaf To Conduct Hog Loading Site Inspections

Maple Leaf Meats is increasing its surveillance of loading practices for hogs shipped to the company’s slaughter plant at Brandon. Maple Leaf will conduct assessments at loading sites in Manitoba between now and December 2010, a company official said. Sixteen farms randomly selected from Maple Leaf’s hog operation network will undergo loading assessments to ensure




Troubles Not Over For U. S. Meat Firms

U. S. meat companies can expect a few more months of financial pressure as they work through supplies of high-priced feed and deal with soft demand for beef, chicken and pork amid a global recession, credit analysts said March 17. Feed costs have come down and meat production is being reduced, which has raised optimism


Closing Feedyards Could Increase Beef Prices

“In the long term, consumers are going to see much higher meat and poultry prices because the economic conditions are causing livestock producers to cut production.” – JIM ROBB Amer icans are eat ing more hamburgers and fewer steaks as the economy wallows in recession, and that has led to huge losses at U. S.

Smithfield To Shut Plants, Cut Jobs

Smithfield Foods said Feb. 17 it would close six processed meat plants and eliminate 1,800 jobs while retaining its current hog slaughter capacity as it restructures its pork group. Smithfield, the largest U. S. hog and pork producer, makes more than 50 brands of pork and turkey products including John Morrell, Eckrich and Armour. None


Smithfield workers vote for union

Meat cutters at the world’s largest pork plant in Tar Heel, North Carolina, have voted to be represented by the United Food and Commercial Workers union, a decision that should end more than 10 years of bitter fighting between the union and the plant’s owner, Smithfield Foods Inc. The tally was 2,041 in favour of