Smithfield Foods Archives - Page 5 of 5

Smithfield To Shut Plants, Cut Jobs

By Bob Burgdorfer February 26, 2009

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

Beef cattle, Hogs, Livestock

Brazil’s JBS Drops U. S. National Beef Bid

By Roberto Samora February 26, 2009

Brazil’s JBS, the world’s largest beef producer and owner of JBS-Swift, has abandoned its attempt to take over U. S. meat company National Beef Packing Co., saying it could not work out an agreement with U. S. authorities over terms of the deal. JBS became the No. 3 U. S. beef producer in 2008 when

Beef cattle, Other

Mexico clears U. S. meat plants

January 8, 2009

USDA confirmed Dec. 30 that Mexico has approved 20 of 30 suspended U. S. meat plants to resume shipments to that country. The 30 meat plants, which produce beef, pork, and poultry, were suspended from shipping to Mexico the previous week due to sanitary issues like packaging, labelling, and transport conditions, USDA and Mexican officials

Hogs, Other

Smithfield workers vote for union

January 1, 2009

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

Cereals, Crops, Other livestock

Local wheat too expensive for feeders

By Lisa Shumaker December 4, 2008

U. S. hog producers will import wheat from Britain and Brazil due to the high cost of U. S. corn and feed grain, said Don Butler, spokesman for Murphy-Brown, the hog-raising unit of Smithfield Foods Inc. Hog producers will also import a cargo of wheat middlings, a byproduct of milling, from Nigeria, he said. The

Hogs, Livestock, News, Poultry

California resolution rings alarm for livestock farmers in Canada

By Ron Friesen November 20, 2008

Largely unnoticed during the November 4 U. S. presidential election was the passage of a sweeping California ballot initiative which could have far-reaching effects for livestock production in North America. Proposition 2 will effectively ban gestation stalls, battery cages and veal crates in California by 2015. The initiative, which voters passed by a margin of

Beef cattle, Hogs, News

Cargill sees U. S. meat exports slowing

By Bob Burgdorfer November 6, 2008

“I would say it is slower than normal and it slowed quicker than it had in the past.” The growing global economic crisis is putting the brakes on exports of U. S. beef and pork and it may be early next year before conditions improve, a Cargill meat official told Reuters. “Globally, people’s confidence is

Hogs, News

COOL choking off Manitoba hog exports

By Ron Friesen October 30, 2008

Manitoba’s hog exports are plummeting and pork producers are scrambling for slaughter space as fallout from the new U. S. country-of-origin labelling (COOL) rule mounts. Slaughter hog shipments to the U. S. are down 75 per cent over the past three months because many American packers are refusing Canadian pigs until confusion over COOL subsides.

Beef cattle, Hogs, Livestock, Livestock Markets

JBS beefs up, but still has competition

By Bob Burgdorfer October 30, 2008

Brazilian beef company JBS SA is headed to becoming the No. 2 U. S. beef producer, but there still should be enough competition from other beef companies to limit its ability to set cattle or beef prices. The U. S. Justice Department said Oct. 17 it will allow JBS to buy the beef operations of

Other, Poultry

Credit woes wound Pilgrim’s Pride

October 16, 2008

Pilgrim’s Pride Corp. shares lost as much as 29 per cent on Oct. 6, spurred by new fears over the U. S. chicken producer’s ability to secure credit in a growing financial markets crisis. Pilgrim’s Pride fell far deeper than a broader market sell-off, with the Dow down about six per cent that day on

Daily Network News

Grocery code of conduct takes full effect

U.S. livestock: Cattle futures surge as second screwworm case announced

U.S. grains: Chicago soybeans fall on competition with Brazilian exports

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