The USDA has dropped its red meat production numbers for 2026. According to the April World Agricultural Supply and Demand Estimates report released Thursday, pork production has ...
Smithfield Foods has inked a deal with VisionAg, an affiliate of North Carolina’s HD3 Farms, to start a new hog production business early next year as the meat producer gears up to go public, the ...
The high incidence of PRRS and PED this winter will likely drag down the pigs per litter metric and impact the late summer ...
CEO C. Shane Smith stated, "I am pleased to report that we delivered record second quarter adjusted operating profit of $298 million, that's up 20% from adjusted operating profit of $248 million in ...
The company aims to increase its packaged meat products, a segment that generates a higher operating margin since this segment sells premium products. Since 2024, the lean hog spot price has increased ...
CEO Shane Smith reported that Smithfield Foods delivered record third quarter adjusted operating profit of $310 million, marking an 8.5% increase year-over-year, and an adjusted operating profit ...
Over the years, the swine industry has long been a source of farm income stability for many farmers and in many rural communities; however, in recent years, profitability in hog production has been ...
Smith stated, "I'm pleased to report we've raised our outlook for adjusted operating profit, driven primarily by our increased outlook for our Hog Production segment." Hall confirmed, "We now ...