Why Smithfield Foods Stock Sank This Week
Smithfield's Q2 results beat expectations, but the company's updated guidance brought bad news for investors.
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Smithfield's Q2 results beat expectations, but the company's updated guidance brought bad news for investors.
Omaha plant specialized in producing butcher-quality liver and variety meat products.
Consumer demand for chicken has continued to grow, making the sector a more lucrative one for U.S. meatpacking operations that have been losing money in the beef market.
The Brazil-based beef giant submitted a fresh bid for full control the chicken producer in a deal that could run into antitrust concerns.
The Ulster Farmers’ Union (UFU) has met with Tesco representatives to raise concerns on behalf of Northern Ireland pig producers affected by uncertainty around supply arrangements...
Settlement has been reached this afternoon for the sale of the Shearer Smith family’s large Smithfield feedlot located near Proston in Queensland’s South Burnett region.
Dakota City, Holcomb and Amarillo will be the anchor facilities for beef operations.
Interim CEO Jeffrey Ettinger said the country had been a “drag” on the company’s overall 2025 performance and hurt its ability to meet international growth targets.
Tyson Foods to shutter 2 facilities amid cattle shortage
Hilton Foods (Ireland) Limited recorded an operating profit of €1,284,436 in 2025, down from €2,258,785 in the previous year. The Irish subsidary of the Hilton Food Group operates...
Additional beef plant closures or sales will reduce total capacity by 10,000 head/day in company’s “only true commodity business.”
Project includes design and construction of a 63,500-square-foot freezer, cooler and dock addition.
Maple Leaf Foods Inc. of Lisle, IL, is recalling 12,036 pounds of not ready-to-eat smoked bacon products that were imported from Canada without the benefit of import reinspection i...
One of the largest beef processors in the UK and Ireland has reported pre-tax profits of more than £20 million for 2025. Foyle Food Group Holdings, which is a family owned business...
The president of the National Cattlemen’s Beef Association is concerned following the abrupt closure of a beef processing facility in Illinois. Gene Copenhaver says while this is...
Welcome to this week’s Food Exec Brief, your strategic intelligence roundup for food and beverage manufacturing leaders. This week, we’re covering: Tyson Foods is closing its Josli...
Tyson Foods has announced that it is to close two major beef processing facilities and to sell another amid “one of the most historic cattle shortages the country has ever experien...
Beef processing operations will stop Aug. 14, after which JBS will invest $30M to modernize the facility's value-added and case-ready capabilities.
The Spam and Planters maker has posted organic sales growth for six consecutive quarters, bucking a downturn across the broader food space.
This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. It’s been nearly eight years since Congress reauthorized the farm bil...
Board appoints Jim Sellers to succeed Linville as CEO on Dec. 26, 2026.
Global events have kept Irish pork markets on edge since last summer, with trade shifts and geopolitical tensions influencing prices for farmers here. While the market has steadied...
Tyson Foods is shuttering two major beef processing plants and preparing to sell a third, moves that will eliminate more than 3,200 jobs as the company confronts one of the most se...
The meat giant will sell or end operations at three facilities and lay off at least 2,500 workers as the company struggles to overcome heavy losses.
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