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Tag Archives smithfield


(SmithfieldFoods.com)
News

Canada suspends imports from biggest US pork processing plant

Issue relates to "certain offal shipments,' says company; ties to tariffs unclear

By Reuters, Tom Polansek March 7, 2025
Canada has suspended imports from the biggest U.S. pork processing plant, a facility run by Smithfield Foods in Tar Heel, North Carolina, the company said on Friday.

(SmithfieldFoods.com)
News

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says

By Juveria Tabassum, Reuters, Tom Polansek January 28, 2025
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.

(SmithfieldFoods.com)
News

Smithfield Foods targets up to $10.7 billion valuation in US IPO

By Reuters January 21, 2025
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.

(SmithfieldFoods.com)
Markets

Smithfield Foods ends contracts with 26 US pig farms, citing oversupply

American pork producers have been losing money as pig prices, consumer demand bump against high costs

By Reuters, Tom Polansek December 6, 2023
Smithfield Foods said it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply.

File photo of a truck arriving at a Smithfield Foods pork plant at Smithfield, Va. on Oct. 17, 2019. (Photo: Reuters/Tom Polansek)
Livestock, Markets

Smithfield Foods to pay US$75 million in pork price-fixing settlement

Follows similar settlement by JBS

By Jonathan Stempel September 29, 2022
Reuters — Smithfield Foods has agreed to pay US$75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in […] Read more


An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)
Livestock, Machinery

U.S. pork packer Smithfield offers ultra-cold vaccine storage

COVID-19 vaccines need storage at -20 C, -70 C

By Tom Polansek December 4, 2020
Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, said on Thursday it had offered to help U.S. health officials distribute COVID-19 vaccines and store them in ultra-cold […] Read more

File photo of Smithfield Foods’ pork plant at Sioux Falls, S.D. on April 16, 2020. (Photo: Reuters/Shannon Stapleton)
Livestock, Markets

U.S. meatpacking workers often absent after plants ordered to reopen

"There's still so many risks"

By Andy Sullivan, Tom Polansek June 16, 2020
Chicago/Washington | Reuters — Smithfield Foods is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work […] Read more

File photo of a truck arriving at a Smithfield Foods pork plant at Smithfield, Va. on Oct. 17, 2019. (Photo: Reuters/Tom Polansek)
Livestock

Smithfield starting to reopen Sioux Falls hog plant, union says

Major plant was shuttered by COVID-19 outbreak

By Reuters May 5, 2020
Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, resumed limited operations on Monday at a massive South Dakota slaughterhouse it closed last month because of the coronavirus […] Read more


(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets

Smithfield to close Illinois pork facility

Workers test positive for COVID-19

By Reuters April 25, 2020
Reuters — World’s largest pork processor Smithfield Foods said Friday it will suspend operations at its Monmouth, Illinois pork processing facility next week after some employees tested positive for COVID-19, […] Read more

(TysonFoods.com)
Livestock, Markets

COVID-19 forces Tyson to shutter two major U.S. pork plants

By Tom Polansek April 22, 2020
UPDATED — Reuters — Tyson Foods is shuttering two pork processing plants, including its largest in the United States, to contain the spread of the coronavirus, further tightening meat supplies […] Read more

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