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Wednesday, July 6, 2022
Smithfield Foods to pay US$42 million to settle pork price-fixing lawsuit
US major pork producer Smithfield Foods is expected to pay US$42 million to restaurants and caterers to settle a pork price-fixing lawsuit, which alleges the firm is responsible for conspiring to inflate pork prices, the Associated Press re ...
Tuesday, June 28, 2022
Seafood retail sales in the UK decline due to inflation
Grocery research firm Kantar said chilled seafood sales in the UK grocery sector declined 11% to GBP 489.9 million (~US$ 601 million; GBP 1 = US$1.23) in the quarter ending 15 May, primarily because of record-high price inflation in the cou ...
Thursday, June 23, 2022
Smithfield Foods ranked on LinkedIn's 2022 top companies list in consumer goods
Smithfield Foods, Inc. was named on June 22 to LinkedIn's "Top Companies: Industry Edition" list ranking top workplaces for professionals to grow their careers in nine US industries: financial services, health care, media and ente ...
Wednesday, June 22, 2022
Carolina Fresh Foods to set up US$10 million poultry processing plant in South Carolina, US
A joint venture formed by Carolina Fresh Foods and the owners of Lake Foods is planning to erect a new, US$10 million poultry further processing plant in Florence, South Carolina, the United States, state economic development officials anno ...
Monday, June 20, 2022
Smithfield Foods receives company of the year award
Smithfield Foods, Inc. was recently announced the winner of two gold GLOBEE® Business Awards.
Thursday, June 16, 2022
Saudi Arabian dairy firm Almarai to invest US$108m in seafood and poultry businesses
As part of Saudi Arabia's focus on food security, Almarai, the Middle East's largest dairy company, plans to invest SAR 405 million (~US$108 million; SAR 1 = US$0.27) to drive its expansion into the seafood business and secure poultry suppl ...
Monday, June 13, 2022
Smithfield Foods to close Vernon, California, US facility
Smithfield Foods, Inc. announced on June 10 that it will cease all harvest and processing operations in Vernon, California, the United States, in early 2023 and, at the same time, align its hog production system by reducing its sow herd in ...
Saturday, June 11, 2022
Malaysia to stock up chicken to secure domestic supplies and control food prices
Malaysia announced that it will seek to stockpile chicken as part of measures to secure domestic supplies and control rising food prices, following a ban imposed on poultry exports, Today Online reported.
Tuesday, June 7, 2022
Seafood exports from Vietnam reached US$1 billion in May 2022
The Vietnam Association of Seafood Exporters and Producers (VASEP) said seafood exports from the country reached US$1 billion in May 2022, 27% higher year-on-year, Fish Information & Services reported.
Tuesday, June 7, 2022
Value of Norway's seafood exports on the rise in May
Norway's seafood exporters saw big increases in value in May, with farmed salmon experiencing one of its best months ever.
Monday, June 6, 2022
Matines, egg business of French agri-food group Avril, to shut down
Matines, egg business of French agri-food group Avril that supplies 16% of eggs sold in supermarkets in France, will shut down its loss-making business after it was unable to find a buyer, with 114 workers set to lose their jobs, Reuters re ...
Thursday, June 2, 2022
Canadian Aquaculture Industry Alliance calls to intensify local food production
Timothy Kennedy, president and CEO of the Canadian Aquaculture Industry Alliance, has called on the Canadian government to intensify domestic food production to sustainably and affordably feed consumers locally and around the world, Fish In ...
Thursday, June 2, 2022
Smithfield Foods commemorates 20 years of sustainability leadership in new report
Smithfield Foods, Inc. Published last month its 2021 Sustainability Impact Report, the company's 20th, outlining its holistic approach to responsible food production and efforts to produce good food, do good work and be good stewards of its ...
Wednesday, June 1, 2022
Malaysia to assist parties seeking to import chicken and other food supplies
Datuk Haslina Abdul Hamid, Malaysia's Ministry of Agriculture and Food Industries (MAFI) secretary-general, said they will assist parties seeking to import chicken and other food supplies into the nation, especially from legal processing pl ...
Tuesday, May 31, 2022
US amends farmland conservation agreement to mitigate food crisis
The US Department of Agriculture (USDA) said certain farmers will be allowed to plant crops on environmentally sensitive land that had been set aside for conservation in an effort to mitigate the global food crisis, Reuters reported.
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