Insights and Stories on Smithfield

Dairy Cattle Hogs Livestock Markets Reuters

Trump administration aims to buy milk, meat to help farmers, Perdue says

Apr. 16, 2020 at 1:17 pm CDT

Reuters — The U.S. government plans to buy milk and meat from farmers as part of an initial US$15.5 billion effort to help them weather the impact of the coronavirus outbreak, Agriculture Secretary Sonny Perdue said on Wednesday. The decision comes amid rising pressure from the U.S. farm lobby for […]

U.S. livestock: Cattle, hog futures recover

Apr. 15, 2020 at 6:16 pm CDT

By Tom Polansek

‘Elbow to elbow:’ North America’s meat plant workers fall ill, walk off jobs

Apr. 13, 2020 at 11:21 pm CDT

By Rod Nickel Tom Polansek

U.S. livestock: June hogs, cattle plunge limit down

Apr. 13, 2020 at 8:18 pm CDT

By Karl Plume

Smithfield shutting South Dakota pork plant indefinitely

Apr. 12, 2020 at 6:38 pm CDT

By Tom Polansek

Smithfield shuts South Dakota pork plant over COVID-19

Apr. 9, 2020 at 12:59 pm CDT

Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, is temporarily closing a massive plant at Sioux Falls, S.D., the company said Thursday, after more than 80 workers there tested positive for coronavirus. The shutdown is the latest disruption to the U.S. food supply chain from the pandemic […]

By Reuters

U.S. livestock: Hog, cattle futures dive as volatile trade continues

Mar. 27, 2020 at 7:10 pm CDT

Chicago | Reuters — U.S. lean hog futures tumbled on Friday, with several contracts falling the expanded daily limit of 4.5 U.S. cents/lb. on worries about a slowdown in demand for pork and fears that the coronavirus could shutter slaughterhouses, potentially backing up hog supplies, traders said. Chicago Mercantile Exchange […]

By Julie Ingwersen

U.S. under pressure to keep slaughterhouses open

Mar. 16, 2020 at 5:53 pm CDT

Chicago | Reuters — The U.S. Department of Agriculture is seeking to reassure meat producers it will keep slaughterhouses staffed with federal inspectors as fears about potential shutdowns due to the COVID-19 coronavirus hammer livestock prices and fuel concerns about food supplies, meat industry groups said on Monday. Livestock markets […]

By Tom Polansek

Chinese meat packing giant locks in JBS supply

Jan. 27, 2020 at 7:09 pm CST

The world’s biggest pork packer is poised to source additional beef, poultry and pork from the world’s biggest meat packing firm. Brazil’s JBS announced Monday it has signed a memorandum of understanding with Hong Kong-based WH Group for “supply and distribution of fresh beef, poultry and pork to the Chinese […]

By GFM Staff

Safety advocates sound alarm over new U.S. hog slaughter rules

Sep. 19, 2019 at 2:03 am CDT

Chicago | Reuters — U.S. food safety and the health of plant workers will be at risk from new federal rules that allow meat companies to slaughter hogs as fast as they want and shift the role of government inspectors, food and environmental advocates said on Tuesday. The warnings about […]

By Tom Polansek

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