Smithfield Foods on Monday made public its paperwork for an initial public offering in the United States, as the maker of Farmland bacon and Farmer John sausages prepares for its U.S. stock market return after more than a decade.
Tag Archives meat processing
Smithfield Foods first to publicly file in 2025 for big US IPO
Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.
Brazil’s JBS sees strong demand for meat in US
Brazil's JBS, the world's largest meatpacker, sees "very strong" demand for beef, pork and chicken in the U.S., said the president of JBS USA, Wesley Batista Filho on Thursday during the firm's third quarter earnings call.
Non-resident sheep producers exempt from Ontario Sheep Farmers licence fee
Agriculture, Food and Rural Affairs Appeal Tribunal delivers decision on fee challenge by Alberta sheep producer
The Agriculture, Food and Rural Affairs Appeal Tribunal delivered its decision regarding Ontario Sheep Farmers charging licence fees to non-resident producers after Alberta sheep producer Robert Albers challenged the practice.
Brazil fines meat packers $64 million for buying cattle from deforested Amazon land
Brazil's environmental protection agency IBAMA has imposed 365 million reais (C$88.9 million) in fines on cattle ranches and meat packers, including the world's largest JBS SA, for raising or buying cattle on illegally deforested land in the Amazon.
Canada Packers name reemerges as Maple Leaf spins off pork division
Maple Leaf Food's pork division, set to separate into an independent company, will be named Canada Packers.
Effective lamb market management assessment increases efficiency
Could industry specifications increase competitiveness?
Greater sheep assessment knowledge can increase returns through simple management changes.
JBS posts profit as chicken and pigs make up for beef slump
Brazil's JBS SA, the world's largest meatpacker, said on Tuesday that divisions that process chicken and pigs lifted its results, including poultry unit Pilgrim's Pride, JBS USA Pork in the U.S., and Seara in Brazil.
CFIA won’t enforce some ritual slaughter requirements after appeal from Jewish organizations
The CFIA will no longer require three determinations of unconsciousness previously mandated for ritually slaughtered animals after a recent federal court ruling. Jewish organizations and companies had appealed the Canadian Food Inspection Agency (CFIA) regulations in court, claiming they made kosher slaughter difficult, which resulted in a disruption in supply of kosher meat in Canada.
Push for more hog processing intensifies after Quebec closures
Shipping more hogs to the U.S. instead of Quebec means more truck disease risk
Reduced hog processing in Quebec has forced the redirection of thousands of Ontario hogs to U.S. and Manitoba processing plants. The change has increased shipping costs for Ontario producers and […] Read more