Hormel fiscal 2024 outlook causes drop in shares 12.01.2023 By Keith Nunes After opening the day on Nov. 29 at $31.55 per share, the stock price fell nearly 4.5% to close the day at $30.46 per share. Read More
Verde Farms names vice president of finance 11.30.2023 By Rachael Oatman In his role, Andy Schutt will be responsible for leading the finance department, including all reporting, banking, relationships and FP&A activities.Read More
Tyson Foods opens new Virginia poultry plant 11.30.2023 By Ryan McCarthy Touted as one of the most automated Tyson facilities, the new plant will produce 4 million pounds of fully cooked products weekly. Read More
Travis Kelce launches refrigerated Kansas City barbecue meals 11.30.2023 By Rachael Oatman The new Travis Kelce’s Kitchen line features seven of the football star’s favorite dishes inspired by Kansas City flavors. Read More
FSIS gives extension for line speed trial 11.30.2023 By Rachael Oatman Currently six pork processing plants operate under the time-limited trial, allowing for line speeds above 1,106 head per hour. Read More
Data finds retailers carry about 37 bacon items during a typical week 11.29.2023 By Ryan McCarthy More than 45% of bacon dollars were promoted in 2023 compared to 34% in promoted dollars the year before. Read More
Stryve Foods expands distribution to retail stores 11.29.2023 By Rachael Oatman The company’s meat snacks will be available at Southeastern Grocers, Cub Foods, Lunds/Byerly’s, Fresh Thyme, Lowes Foods, AAFES, Holiday Oil, Timewise, Family Express and Dash In.Read More
USDA provides more information on new poultry transparency rule 11.29.2023 By Ryan McCarthy According to the Federal Register, the final rule goes into effect on Feb. 12, 2024.Read More
Cargill commits to protecting land in Brazil, Argentina, Uruguay 11.28.2023 By Zachary Sosland The company said all three countries combined provide approximately 30% of the world's trade flow and 13% of total crop production. Read More
USDA invests $196 million in helping farmers, ranchers 11.28.2023 By Rachael Oatman The funds are being used to strengthen the agricultural supply chain and lower food costs. Read More