CHICAGO, Oct 7- Smithfield Foods Inc will shutter a North Carolina hog processing facility, the world's largest, on Saturday to protect employees from Hurricane Matthew, a supplier said, as farmers braced for the storm's potential lashing. Matthew has fueled concerns about the safety of livestock and farm workers along the coast from Florida through Georgia...
CHICAGO, Oct 7- Smithfield Foods Inc will shutter its hog processing facility, the world's largest, on Saturday to protect employees in North Carolina from Hurricane Matthew, industry sources said on Friday, as farmers braced for the storm's potential lashing. Matthew has fueled concerns about the safety of livestock and farm workers along the coast from...
CHICAGO, Oct 7- Smithfield Foods Inc will shutter the world's largest hog processing facility in Tar Heel, North Carolina, on Saturday, due to Hurricane Matthew, industry sources said. It is owned by China's WH Group Ltd.. The plant has a daily slaughter capacity of 32,500 hogs, according to National Hog Farmer magazine.
Oct 7- Shares of Tyson Foods Inc, the largest U.S. meat processor, fell as much as 11.5 percent to $65.85 on Friday after a brokerage report said a class action lawsuit against the company alleging collusion might have merit. The lawsuit filed last month alleged that Tyson colluded with Koch Foods and others in the broiler chicken business to reduce production...
Craig Hill, Iowa Farm Bureau president, and "Squawk Box's" Andrew Ross Sorkin, discuss how the Trans-Pacific Partnership impacts Iowa and the importance of lower tariffs on trade, taxes and immigration.
KUALA LUMPUR, Sept 23- Crude palm oil prices are expected to drop around 19 percent from current levels to 2,200 ringgit per tonne over the next two months as production recovers in the new oil year, a leading industry analyst, Dorab Mistry, said on Friday. In the current oil year ending September, palm prices have gained 9 percent as dryness linked to an El Nino...
JAKARTA, Sept 19- Indonesia's crude palm oil output likely rose for a fourth straight month in August, according to a Reuters survey, continuing to recover as the impact from a drought fades. CPO production likely climbed 1 percent to 2.833 million tonnes in August from 2.802 million tonnes in July, according to the median estimate in a survey of three industry...
Sept 13- Snack foods company B&G Foods Inc is in talks to acquire ACH Food Companies Inc, the producer of Mazola cooking oil, from food supplier and retailer Associated British Foods Plc, according to people familiar with the situation. Associated British Foods has hired investment bank Moelis& Co to handle the sale, which could value ACH at between $300 million...
CHICAGO, Sept 8- Smithfield Foods Inc, a subsidiary of WH Group Ltd, on Thursday said its hog processing plant in Illinois that had been closed since Monday due to a fire will resume limited operations on Thursday.
The stakes are high for U.S. agribusinesses if the TPP is not ratified by Congress, says the U.S. Department of Agriculture's Alexis Taylor.
The U.S. Justice Department filed a lawsuit on Wednesday aimed at stopping Deere from buying Precision Planting farm equipment business.
Michel Portier, head of Agritel, talks about problems with wheat prices that are affecting French farmers and food producers.
Members of the U.K.’s science and agriculture industries have already begun to voice concerns about Brexit's impact on funding and labour.
Agriculture is one of the oldest economic activities on Earth, but robot technology may shake it up sooner than you think.
The German pharmaceutical and chemicals firm Bayer has outlined a mammoth bid for a U.S. firm beset by reputational issues.
Werner Baumann, Bayer CEO, weighs in on the tax ramification of the combined companies.
Werner Baumann, Bayer CEO, explain why he went public with the $62 billion bid for Monsanto.
Werner Baumann, Bayer CEO, explains why he thinks the company's offer for Monsanto would likely pass regulatory scrutiny and doesn't see risk in the deal.
Shares of Monsanto are surging in Thursday's trading session after reports of a possible takeover.
There's a shorter supply of trees this holiday season than in recent years.