Latest News From Reuters

Danish Crown will close one of its major slaughterhouses in Denmark and lay off nearly 1,200 employees by mid-September this year.

China's pork output eased in January-March from a year earlier, the first quarterly decline in nearly four years, as farmers slaughtered fewer pigs to support a recovery in hog prices.

China's pig herd will remain in surplus this year despite new government targets to tame oversupply, officials said, as the world's biggest pig breeder struggles to stage a recovery for multi-year low hog prices.

Brazil recognized 16 states and the country's federal district as areas free of foot-and-mouth disease without vaccination. The measure is part of an effort to make Brazil free of the disease without vaccination by 2026.

Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday, eliminating jobs for about 1,200 workers.

MOSCOW, March 7 (Reuters) - Russia said on Thursday that it had sent 27 tonnes of pork to China, the first exports of the meat there since Beijing imposed a ban on Russian pork nearly 15 years ago due to African Swine

The chairman of New Hope Group, one of China's biggest pig breeders, said he is "optimistic" hog prices will pull out of a multi-year slump this year as government policies to stimulate the market take effect.

China issued new regulations to control the nation's pig production capacity after an aggressive expansion of farms over the past two years led to an oversupply, a move that could reduce the world's largest pig herd.

Brazilian poultry and pork processor BRF SA turned a profit of $165.26 million in the final three months of 2023, ending a seven-quarter losing streak.

Buzzing underneath a set of railway arches in central London are hundreds of thousands of little flies, showcasing insect-farming technology that some believe turn into food for pigs and chickens on a large scale.

Denmark's farmers on Wednesday voiced concerns that plans to levy a carbon emission tax on farming as part of efforts to meet Denmark's ambitious climate goals would force them to reduce production and close farms.

There will be chaos in the U.S. meat marketplace without congressional action on California's Prop 12 law that tightened animal welfare requirements for pork products sold in the state, says U.S. Secretary of Ag Vilsack.

According to two sources, in recent days the U.S. Attorney's Office for the Southern District of New York has interviewed former ADM employees, ramping up pressure on the global commodities giant.

China will "guide" farmers to reduce hog production capacity as it steps up regulation of the industry, the agriculture ministry said, after an aggressive expansion drive led to an oversupply of pigs and heavy losses.

China's once-soaring soybean demand will slow by about a fifth in the first quarter from a year earlier after record slaughter shrank pig herds, pressuring prices ahead of an expected glut of South American beans.

China's customs on Friday lifted a five-year ban on pig and pork products from Belgium that was implemented because of an outbreak of African swine fever in 2018.

Chinese animal feed and hog producer New Hope Liuhe plans to raise $589.13 million by selling majority stakes in two of its units, as it seeks to replenish capital after months of losses from pig farming.

Hong Kong authorities have ordered the culling of more than 900 pigs after detecting the presence of the deadly African swine fever in animals at a licensed farm in the New Territories district.

The USDA said on Tuesday it will extend for up to 90 days a trial program that allows six U.S. pork plants to operate faster processing-line speeds while collecting data on how the speeds affect meatpacking workers.

Hormel Foods forecast fiscal year 2024 profit below estimates on Wednesday as consumers reduce spending on its pricier meat products and ready-to-eat meals as well as pressure on its retail business.

China's most active hog futures closed down 5.69% on Monday at a record low, after farmers ramped up selling of pigs following months of weak prices, hitting market confidence.

British meat producer Cranswick forecasts annual profit at the upper end of current market estimates, betting strong domestic demand and higher pig prices would offset a fall in China volumes.

JBS SA, the Brazil-based meat behemoth, is braced for tough times as low cattle availability squeezes beef margins in the U.S., its main market, and management works to return pork business margins to more stable levels.

Hong Kong authorities on Thursday ordered the culling of around 5,600 pigs in a herd after the African swine fever (ASF) virus was discovered at a local pig farm.

China's live hog price fell almost 7% on Monday from a week ago, the biggest weekly decline this year, as fresh disease outbreaks led farms to send more pigs to slaughter for an already over-supplied market.

By Roberto Samora SAO PAULO, Oct 26 (Reuters) - JBS will inaugurate a massive breaded chicken and sausage plant in Brazil's southern state of Parana, company executives said on Thursday, as they detailed plans to boost

Smithfield Foods' Chinese owner WH Group is working with banks to take the U.S.-based pork producer public again in the U.S., the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

China's pork output in the third quarter rose 4.8% from a year ago to 12.69 million metric tons, the highest for the quarter in at least a decade, Reuters calculations based on official data showed.

China's most-active hog futures DLHcv1 closed down 4% on Monday, the biggest decline in six weeks, as excess supply offset any boost to consumption from last week's holiday.

The U.S. Department of Justice filed an antitrust lawsuit against data company, Agri Stats, on Thursday, alleging its reports on meat pricing and sales have enabled anticompetitive practices in three meat industries.

Almost 34,000 pigs at 12 farms in the northern Italian region of Lombardy have been culled to counter the spread of African swine fever, a spokesperson for the region said on Wednesday.

Environmental groups are pushing U.S. securities regulators to thwart JBS SA's New York share listing over concerns about the world's largest meatpacker's impact on deforestation, climate change and other issues.

The Chinese government has asked Brazil to reduce a list of meat plants seeking authorization to export to the Asian country, a step that could help Beijing expedite the approval process.

France has obtained final approval for exporting pork to Australia, adding a new potential trade outlet for a sector that has faced fluctuating demand from top importer China.

Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to $9.55 billion.

Meat producer and exporter Danish Crown on Wednesday said on Wednesday it plans to boost its earnings by 1.5 billion crowns annually ($220 million) within two years, part of the company's ongoing restructuring.

Chinese pork processing giant WH Group Ltd expects hog prices in China to rise 10-20% in the second half of 2023 from the first six months, supported by stronger demand and smaller supply glut.

China's July soybean imports jumped by almost one-quarter from a year ago. Chinese hog farmers delayed the slaughter of pigs due to low pork prices, which in turn increased demand for animal feed.

Plaintiffs in the antitrust class action lawsuit, Brown et al v. JBS USA Food Company et al, petitioned the court to dismiss their case against Triumph Foods.

Tyson Foods missed Wall Street expectations for third-quarter revenue and profit on Monday, hurt by falling chicken and pork prices as well as slowing demand for its beef products.

Vietnam will export two million vaccine doses against African swine fever to the Philippines by October, one week after it approved domestic use of the world's first commercial vaccines against the disease.

NPPC supports the Ending Agricultural Trade Suppression Act, but Clemens Food Group is not supportive, and Hormel, Smithfield and Tyson have said they intend to comply with California's Prop 12 law.

An outbreak of the African swine fever has forced pig breeders in Serbia, Bosnia and Croatia to cull thousands of pigs since June and is putting pressure on governments to compensate farmers for their losses.

Vietnam has approved the domestic commercial use of two home-grown vaccines against African swine fever (ASF), the government said on Monday, making them the world's first commercial vaccines against the deadly disease.

China's second-quarter pork output rose 4.6% from a year earlier to 14.4 million metric tons, the highest in at least a decade for the period, as farmers raised more pigs on hopes of better demand.

Bosnia has reported an outbreak of African swine fever.

Vaccines against ASF being tested in Vietnam are close to approval, global and U.S. veterinary officials said, in what would be a major breakthrough to tackle the deadly disease regularly ravaging pig farms worldwide.

South Korea is resuming imports of German pork after suspending them for more than two years following the discovery of African swine fever (ASF) in Germany, the German agriculture ministry said on Tuesday.

Tyson Foods Inc  plans to resume slaughtering pigs in mid-May at a Madison, Neb., pork plant damaged by fire two weeks ago, the meatpacker said on Tuesday.

Tyson Foods Inc posted a surprise second-quarter loss on Monday and cut its full-year revenue forecast on falling beef and pork prices, sending the U.S. meat packer's shares tumbling 9% before the bell.