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.