Smithfield Foods said it priced its initial public offering well below its forecast range, raising $521.7 million for the company and the selling stockholder.
A wild boar adopted by a French horse breeder can remain with her owner, a court ruled on Thursday, after threats by authorities to remove and even euthanize her triggered a storm of protest.
Germany’s meat and dairy exports outside the EU face severe restrictions after the country’s first case of the livestock disease foot-and-mouth was confirmed on Friday.
Reuters reports that the union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers reached a tentative deal on a new six-year contract.
Damage estimated between $95 billion and $110 billion. Farmers in South Georgia were assessing the damage to the state’s $1 billion cotton crop and $400 million pecan crop now in harvest season.
Hong Kong-based WH Group, the world’s largest pork producer, said its shareholders approved spinning off Smithfield Foods into a listed company in the United States.
Hormel Foods forecast annual sales and profit below estimates on Wednesday, hurt by slowing demand for its snacking and meat products, including its Jennie-O Turkey brand.
