Insights and Stories on Meat Processing

Jan. 28, 2025 at 1:04 pm CST

Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group 0288.HK.

By Juveria Tabassum, Reuters, Tom Polansek

Jan. 27, 2025 at 1:25 pm CST

Meat industry giant Pilgrim’s Pride has agreed to pay $41.5 million (C$59.7 million) to settle a securities class action alleging the company artificially boosted its stock price by making false and misleading statements about chicken industry competition.

By Reuters

Jan. 21, 2025 at 10:36 am CST

Smithfield Foods is targeting a valuation of up to $10.73 billion (C$15.41 billion) in its U.S. initial public offering, the packing giant said on Tuesday, moving closer to its much-anticipated stock market return in the country after more than a decade.

By Reuters

Jan. 13, 2025 at 10:07 am CST

Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday.

By Reuters, Tom Polansek

Jan. 6, 2025 at 11:08 am CST

Smithfield Foods on Monday made public its paperwork for an initial public offering in the United States, as the maker of Farmland bacon and Farmer John sausages prepares for its U.S. stock market return after more than a decade.

By Reuters