Latest Newsletter

Tag Archives smithfield — page 2

(Dave Bedard photo)
Markets

U.S. announces coronavirus aid for farmers, food buys for poor

Direct payments, mass purchases planned

By ,
Chicago | Reuters — President Donald Trump on Friday announced a $19 billion relief program to help U.S. farmers cope with the impact of the coronavirus, including $16 billion in direct payments to producers and mass purchases of meat, dairy, vegetables and other products (all figures US$). The U.S. Agriculture Department is partnering with regional […] Read more
(Marina Karkalicheva/iStock/Getty Images)
Livestock, Markets

Trump administration aims to buy milk, meat to help farmers, Perdue says

Homeland Security to ease visa rules for ag workers

By
Reuters — The U.S. government plans to buy milk and meat from farmers as part of an initial US$15.5 billion effort to help them weather the impact of the coronavirus outbreak, Agriculture Secretary Sonny Perdue said on Wednesday. The decision comes amid rising pressure from the U.S. farm lobby for government purchases as growers and […] 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, Markets

Smithfield shutting South Dakota pork plant indefinitely

Major packer warns of meat shortages during pandemic

By
Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and warned the country was moving “perilously close to the edge” in supplies for grocers. Slaughterhouse shutdowns are disrupting the U.S. food supply chain, crimping […] Read more
(Smithfield.com)
Livestock

Smithfield shuts South Dakota pork plant over COVID-19

By
Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, is temporarily closing a massive plant at Sioux Falls, S.D., the company said Thursday, after more than 80 workers there tested positive for coronavirus. The shutdown is the latest disruption to the U.S. food supply chain from the pandemic and comes as grocery store […] Read more
(TysonFoods.com)
Livestock, Markets

U.S. under pressure to keep slaughterhouses open

By
Chicago | Reuters — The U.S. Department of Agriculture is seeking to reassure meat producers it will keep slaughterhouses staffed with federal inspectors as fears about potential shutdowns due to the COVID-19 coronavirus hammer livestock prices and fuel concerns about food supplies, meat industry groups said on Monday. Livestock markets have been hit hard as […] Read more
(JBSs.infoinvest.com.br)
Livestock, Markets

Chinese meat packing giant locks in JBS supply

By
The world’s biggest pork packer is poised to source additional beef, poultry and pork from the world’s biggest meat packing firm. Brazil’s JBS announced Monday it has signed a memorandum of understanding with Hong Kong-based WH Group for “supply and distribution of fresh beef, poultry and pork to the Chinese market” starting in the first […] Read more
Pork baby back ribs. (Grandriver/Getty Images)
Livestock

Packers win dismissal of U.S. pork price-fixing suits

By
Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said the plaintiffs failed to show […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast