Insights and Stories on Florence

Sep. 18, 2018 at 4:19 am CDT

Chicago/Los Angeles | Reuters — U.S. food companies kept slaughter plants shut on Monday in southeastern states swamped by Hurricane Florence as flash floods collapsed the walls of at least two hog manure pits, made roads undriveable and delayed rail shipments. Catastrophic flooding from Hurricane Florence, which has dumped up […]

By Lisa Baertlein, Tom Polansek

Sep. 11, 2018 at 5:34 pm CDT

Chicago | Reuters — U.S. lean hog futures fell sharply on Tuesday as a powerful hurricane roared toward the U.S. East Coast, threatening hog production in the Carolinas, home to some of the country’s largest packing plants. Pork producer Smithfield Foods said it will be shuttering two of its hog […]

By Karl Plume

Sep. 11, 2018 at 4:38 pm CDT

Chicago | Reuters — As powerful Hurricane Florence advanced toward the southeastern U.S., farmers in North Carolina rushed to harvest corn and tobacco and stock up on pig rations, while the danger of sustained rain and deadly flooding threatened a state where millions of farm animals are housed. “The governor […]

By P.J. Huffstutter, Tom Polansek

Sep. 10, 2018 at 6:55 pm CDT

Chicago | Reuters — U.S. lean hog futures settled mostly lower on Monday as early support from a swine fever outbreak in Asia and a hurricane off the U.S. East Coast faded and the market retreated from three-week highs. Technical selling in the overbought hog futures market added pressure. “The […]

By Karl Plume