Insights and Stories on Smithfield

Mar. 23, 2018 at 5:22 pm CDT

Beijing/Chicago | Reuters — China’s threat of steep tariffs on U.S. pork imports knocked down U.S. hog futures prices and shares of producers on Friday, while increasing fears of hard times for farmers already facing weaker demand from the world’s top buyer of the meat. U.S. farmers have worried for […]

By Dominique Patton, Tom Polansek

Sep. 7, 2017 at 11:46 am CDT

Chicago/New York | Reuters — Hurricane Irma sent farmers and food companies scrambling to protect processing facilities, farm fields and animal herds in the south and southeastern parts of the U.S. on Wednesday. Florida sugar and citrus processors rushed to secure rail cars and equipment that could be crushed, blocked […]

By P.J. Huffstutter, Renita D. Young

Apr. 12, 2017 at 12:41 am CDT

Chicago | Reuters — Smithfield Foods, the world’s largest pork producer, has established a separate bioscience unit to expand its role in supplying pig parts for medical uses, with the ultimate goal of selling pig organs for transplantation into humans. Routine pig-human organ transplants are years away, but recent scientific […]

By Julie Steenhuysen, Michael Hirtzer

Mar. 10, 2017 at 7:17 pm CST

Reuters — Wildfires devastated a Smithfield Foods hog farm in Laverne, Oklahoma, killing at least several thousand pigs, company and local officials said Friday. The exact number of swine killed in the Oklahoma fire, which began on Monday, was not immediately known. Smithfield did not say how many died in […]

By Michael Hirtzer, Renita D. Young

Nov. 21, 2016 at 6:42 pm CST

Reuters — Smithfield Foods said it would buy parent of the Farmer John and Saag’s Specialty Meats brands, and farm operations in three U.S. states from Hormel Foods for US$145 million in cash. Smithfield will buy Clougherty Packing as well as hog farm operations under PFFJ, or Pigs for Farmer […]

By Reuters