Consumers bought beef, pork and poultry less frequently in 2012 than they did in 2007, fewer people are willing to pay a premium for branded product than they were before the Great Recession hit, and those who are willing to... (Continue reading)
Brazilian processor JBS SA generated net income of $113.2 million in the first quarter of this year, up 96.3 percent from the same period in 2012, driven by gains in its Mercosul operations along with American poultry and beef, the... (Continue reading)
Mexico Hog Markets Carlos Peralta, President Genesus Mexico cperalta@genesus.com “Mexican pig industry desperation from the past, present and future” As all we know, for the past24 months, the production costs due to raw material has been growing and growing. The... (Continue reading)
Smithfield Foods Inc. will soon convert a third plant to ractopamine-free production as the company positions itself to take advantage of demand for pork without the feed supplement, Chief Executive C. Larry Pope said. When the third plant is converted... (Continue reading)
Tyson Foods Inc. unveiled plans to introduce new products in 2013 as a significant part of its growth strategy. Tyson president and CEO Donnie Smith told attendees at the BMO Capital Markets 2013 Farm to Market Conference that the company... (Continue reading)
Applegate Organic & Natural Meats announced it has reduced the amount of plastic in its bacon packaging by 37 percent, due to reduced packaging size and packaging weight.... (Continue reading)
The National Pork Board and Kraft have partnered on their first joint Spanish-language promotion with the online cooking contest, “Acompanalo a Tu Gusto” (Accompany It To Your Liking). Contestants are asked to submit recipes of side dishes using at least one... (Continue reading)
Hormel Foods has released its 2012 Corporate Sustainability Report outlining the company’s progress toward its 2020 environmental goals, sodium reduction and other metrics. It is the company’s sixth full report, which includes information on the company’s second set of environmental goals that span... (Continue reading)
Sitting on $400 million in cash and its spinoff from Sara Lee behind it, Hillshire Brands is looking to grow its business by acquiring complementary brands and extending its own iconic brands into adjacencies like it did with its Jimmy... (Continue reading)
As part of a long-standing partnership with the National Future Farmers of America Organization (FFA), the Ram Truck brand is funding nearly 80 scholarships to FFA members across the country. The Ram Truck brand has awarded approximately $600,000 in scholarships... (Continue reading)
The New Jersey Senate on Monday approved a bill already passed by the state Assembly that would ban the use of gestation stalls to house sows. The National Pork Producers Council urged New Jersey Gov. Chris Christie to veto legislation,... (Continue reading)
America’s pork producers invest millions of dollars through their Pork Checkoff each year, but these dollars don’t work alone. For every dollar of Checkoff investment, nearly two additional dollars are drawn from outside sources to help find solutions to challenges... (Continue reading)
USDA projections indicate optimism for the agriculture industry. It can be tricky to predict the future, especially when this future includes factors of weather and world economies. By using specific assumptions, the USDA has developed a “conditional scenario” of the... (Continue reading)