Tyson Foods beat Wall Street estimates for fourth-quarter profit on Monday, but faces rising costs for animal feed and uncertainty over labor as COVID-19 cases surge in the United States.
U.S. grain trader and processor Archer Daniels Midland Co and French biotech company InnovaFeed announced plans to build the world’s largest insect protein plant in Decatur, Ill.
As a last-minute shift toward small-scale celebrations upends demand for the star of Thanksgiving tables, turkey producers and retailers are scrambling to fill orders for lightweight birds and partial cuts.
Smithfield Foods, the world’s largest pork processor, said on Wednesday it has medical capabilities at U.S. facilities and is actively preparing for COVID-19 vaccine distribution to employees.
Tyson Foods Inc said it resumed slaughtering hogs at an Iowa meat plant on Wednesday, three weeks after idling the facility because of a mechanical malfunction.
Smithfield Foods, the world’s largest pork processor, said on Monday it paused all federal campaign contributions until more facts are known about last week’s riot at the U.S. Capitol.
The bonus is intended to encourage employees to get inoculations, after thousands of U.S. meatpacking workers became infected with the coronavirus last year.
China’s hog herd recovery in 2021 will be bolstered by larger sow inventories and high pork prices. However, animal disease outbreaks will moderate pork production, the USDA attache says.
Smithfield Foods, the world’s largest pork processor, has stopped slaughtering pigs in the United States’ so-called ham capital, where the company was founded 85 years ago.
