Smithfield Foods has inked a deal with VisionAg, an affiliate of North Carolina’s HD3 Farms, to start a new hog production business early next year as the meat producer gears up to go public, the ...
With more profitable hog prices, lower feed costs and higher production efficiency compared to recent years, the U.S. has an ample supply of pork to start 2026.
Smith stated, "I'm pleased to report we've raised our outlook for adjusted operating profit, driven primarily by our increased outlook for our Hog Production segment." Hall confirmed, "We now ...
As of March 1, there were 74.5 million hogs and pigs on United States farms, down slightly from March 2024 and down 1% from Dec. 1, according to the Quarterly Hogs and Pigs report released March 27 by ...
Over the years, the swine industry has long been a source of farm income stability for many farmers and in many rural communities; however, in recent years, profitability in hog production has been ...
Smithfield Foods, Inc. (NASDAQ:SFD) shares are trading lower on Tuesday. The company reported second-quarter adjusted earnings per share of 55 cents, in line with the analyst consensus estimate.
Smithfield raised the midpoint and tightened the range of its fiscal 2025 adjusted operating profit outlook. Hall stated, “We now anticipate total company adjusted operating profit in the range of ...
A new study from the Iowa Pork Producers Association finds the hog industry contributed more than $15-billion to Iowa’s economy last year. Association spokesman Kevin Hall says the study, which is ...
CEO C. Shane Smith stated, "I am pleased to report that we delivered record second quarter adjusted operating profit of $298 million, that's up 20% from adjusted operating profit of $248 million in ...