CHICAGO, June 18- A swine virus deadly to young pigs, one never before seen in North America, is spreading rapidly across the United States and proving harder to control than previously believed.» Read More
June 18- Hormel Foods Corp, which makes Spam lunch meat, cut its full-year earnings outlook on Tuesday, citing weakness in its pork business, softer sales of its refrigerated foods and higher meat costs, and its shares fell nearly 5 percent.
PRAIRIE DU SAC, Wis.-- Wisconsin Gov. But Wisconsin is one of three states to sign a deal with the federal government under USDA rules finalized in 2011. That pact makes interstate sales of state-inspected meat acceptable.
The deal with Yashili, which sources all of its products from New Zealand, marks the latest step by China's milk industry to consolidate the market after several tainted milk scandals tarnished the fragmented sector. Mengniu is offering HK $3.50 in cash to Yashili's shareholders, which includes the Carlyle Group and Yashili's chairman.
*Starboard: Selling pieces could net $44- $55/ shr. June 17- Starboard Value LP revealed a major stake in Smithfield Foods Inc on Monday and urged the world's largest pork producer to explore a breakup rather than go ahead with a planned $4.7 billion takeover by Chinese meat company Shuanghui International.
June 17- Starboard Value LP, a large shareholder in Smithfield Foods Inc, urged the world's largest pork producer to explore a breakup rather than go ahead with a planned $4.7 billion takeover by Chinese meat company Shuanghui International.
June 17- Starboard Value LP, a large activist investor in Smithfield Foods Inc, is pressuring the company to explore a break-up rather than go ahead with a planned $4.7 billion takeover by a Chinese meat producer, the Wall Street Journal reported.
As online grocery shopping gains traction, several new start-ups are betting that consumers will be willing to shell out for dinner kits delivered straight to their doors.
June 14- Hog producer Smithfield Foods Inc, the subject of a $4.7 billion bid from China's Shuanghui International, posted a 63 percent fall in net profit as exports to China and Russia fell due issues related to a drug it uses to produce lean meat.
June 14- Hog producer Smithfield Foods Inc, the subject of a $4.7 billion bid from China's Shuanghui International Holdings, reported a 63 percent fall in net profit as exports to China and Russia fell due to certification issues.
Dawn Zier, President & CEO of Nutrisystem, discusses her company's plans to set up programs designed to meet the needs of people with special dietary needs, and its expansion into selling its products in Wal-Mart.
Christina Law, President of Asia, Middle East and Africa Regions at General Mills, talks the company's plans to tackle emerging markets.
"Tighter-than-expected hog supplies have packers, until they can cut kills to offset tighter numbers, behind the eight ball and scrambling to fill kill schedules," Linn Group analyst John Ginzel said.
High-end restaurant chains have been outperforming the broader market this year, reports CNBC's Courtney Reagan. Bob Derrington, Northcoast Research, explains why he has a neutral rating on Darden and Cheesecake Factory.
Cargill CEO Gregory Page discusses how to align immigration reform with security and safety issues, as well as China's appetite for global food deals.
*Early sell-off provides buying opportunities. NEW YORK, June 11- U.S. stocks fell on Tuesday following the Bank of Japan's decision to hold monetary policy steady, but indexes were well off lows as investors took earlier dips in the market as a buying opportunity.
Diamond Foods Inc. on Tuesday reported a better-than-expected fiscal third quarter and appointed a new Chief Financial Officer. The San Francisco snack food company said that Raymond Silcock will be its executive vice president and chief financial officer. Diamond posted a loss of $15.6 million, or 71 cents per share, for the quarter that ended April 30.
*BOJ keeps policy steady, disappointing investors. *SoftBank raises offer for Sprint Nextel. NEW YORK, June 11- U.S. stocks fell on Tuesday after the Bank of Japan chose not to take stimulus measures and increased investors' worries about the eventual decline in central bank support that has supported equities' rally.
Fruit and fresh vegetable distributor Dole Food said it received an unsolicited offer from Chief Executive David Murdock, who put an enterprise value of $1.5 billion on the bid.
June 10- Last-minute legislative maneuvers in Missouri may remove one potential legal obstacle to Shuanghui International Holdings' proposed $4.7 billion purchase of Smithfield Foods Inc, which would be China's largest purchase to date of a U.S. company.
Japan and South Korea canceled purchases of U.S. wheat after the discovery of the experimental wheat developed by Monsanto Co. The furor erupted just days after a May 25 protest in cities around the world targeting Monsanto, the leading developer of crops with transgenic DNA.