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Thursday, May 30, 2013
China's meat processor Shuanghui acquires Smithfield Foods
Privately-owned Shuanghui International Holdings Limited, the majority shareholder of Henan Shuanghui Investment & Development Co. - China's largest meat processing enterprise and largest publicly-traded meat products company by market capi ...
Friday, April 26, 2013
Continental Grain calls for division of Smithfield Foods
April 26, 2013 Continental Grain calls for division of Smithfield Foods The top shareholder of Smithfield Foods, Continental Grain, will be seeking investor support to divide the US pork company. Continental Grain believes that the move wil ...
Monday, February 18, 2013
Smithfield Foods to form joint venture with Kansas City Sausage Company
February 18, 2013 Smithfield Foods to form joint venture with Kansas City Sausage Company Press release     Smithfield Foods, Inc. announced plans to form a 50/50 joint venture with Kansas City Sausage Company, LLC, including its sister com ...
Friday, January 4, 2013
Smithfield Foods hog production shifts to group housing
January 4, 2013 Smithfield Foods hog production shifts to group housing   Press release     At the end of 2012, Smithfield Foods, Inc. had successfully transitioned 38% of pregnant sows on its US company-owned farms from individual gestatio ...
Friday, December 7, 2012
Smithfield Foods witnesses 91% decline in Q2 earnings
December 7, 2012   Smithfield Foods witnesses 91% decline in Q2 earnings Meat supplier, Smithfield Foods, sees a 91% drop in fiscal second-quarter earnings. The company recorded a large debt-extinguishment charge, while revenue edged down. ...
Wednesday, November 14, 2012
Smithfield Foods to release deli and meat range in US
November 14, 2012 Smithfield Foods to release deli and meat range in US Smithfield Foods will release a range of deli and meat products in the US under the Cracker Barrel brand. US restaurant chain, Cracker Barrel, wants to take its brand i ...
Wednesday, July 25, 2012
Smithfield Foods to buy Brazilian corn
Smithfield Foods Inc. (SFD) will import Brazilian corn, a move that reflects how surging costs for US feed grains are rippling through the livestock and meat industry, the company said Tuesday (July 24). The move comes amid tight supplies f ...
Friday, May 18, 2012
Smithfield Foods' annual profits on track for its 2nd-best year
At a conference in New York on Wednesday (May 16) top executives told investors that Smithfield Foods won't quite match the record profits it posted in 2011, but is still poised to record the second-best annual profits in the company's hist ...
Monday, March 5, 2012
Smithfield Foods sees strong 2012 growth
March 5, 2012 Smithfield Foods sees strong 2012 growth Smithfield Foods expects a strong performance in 2012, said Bo Manly, Smithfield Foods' CFO. "It's unlikely we'll exceed last year's levels, but we'll likely have the second best year i ...
Wednesday, February 29, 2012
A strong 2012 awaits for Smithfield Foods
February 29, 2012 A strong 2012 awaits for Smithfield Foods   A top Smithfield Foods Inc. executive predicted Monday (Feb 27) that the company expects a strong 2012. "It's unlikely we'll exceed last year's levels, but we'll likely have the ...
Friday, December 9, 2011
Smithfield Foods to stop gestation crates use by 2017
December 9, 2011 Smithfield Foods to stop gestation crates use by 2017 Smithfield Foods said Thursday (Dec 8) that its facilities will phase out the use of gestation crates for female hogs while pregnant by 2017. The Smithfield, Va.-based c ...
Friday, December 9, 2011
Smithfield Foods' Q2 profit down 16%
December 9, 2011 Smithfield Foods' Q2 profit down 16% Smithfield Foods Inc.'s fiscal second-quarter earnings dropped 16% with a significant jump in input costs. Smithfield--whose brands also include John Morrell, Armour and Farmland--has se ...
Monday, October 17, 2011
Smithfield Foods: FTAs a victory for US pork sector
October 17, 2011 Smithfield Foods: FTAs a victory for US pork sector C. Larry Pope, CEO and president of Smithfield Foods Inc., made a statement pronouncing free trade agreements with South Korea, Panama, and Columbia as victory for the US ...
Friday, September 9, 2011
Smithfield Foods Q1 profits up 7.6%
September 9, 2011 Smithfield Foods Q1 profits up 7.6%    Smithfield Foods Inc.'s fiscal first-quarter earnings rose 7.6% on high prices and strong export demands. The improved earnings over the past year of the largest pork producer in the ...
Monday, June 6, 2011
Smithfield Foods withdraws bid to attain stake in Campofrio
June 6, 2011 Smithfield Foods withdraws bid to attain stake in Campofrio Smithfield Foods Inc. on Friday (Jun 3) said it has withdrawn its bid to purchase a majority stake in Campofrio Food Group S.A., a European packaged meats organisation ...

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