Smithfield Foods

Smithfield Foods has donated 35,000 pounds of food, equal to 140,000 servings, to help feed victims of the severe winter weather that recently engulfed Eastern Kentucky.  Smithfield delivered the food products to Mercy Chefs, which is currently stationed in Hazel Green, Kentucky, to provide disaster relief for local residents.   ...

Smithfield Foods has agreed to pay $75 million to settle a price-fixing lawsuit.  Reuters said consumers accused the meat producer and several competitors of conspiring to inflate prices in the U.S. pork market by limiting supply.   Smithfield spokesman Jim Monroe said the company denied liability in settling, and that the accord reduces the distraction, risk, and cost of protracted litigation.  “

Smithfield Foods said it will stop all harvest and processing operations in Vernon, CA, in early 2023 due to the rising cost of doing business in the state. At the same time, the company will align its hog production system by reducing its sow herd in the western region ...

Smithfield Foods announced this week cash and in-kind donations totaling $2 million to crisis relief efforts aiding the citizens of Ukraine and those seeking refuge in surrounding areas. Smithfield will expand ongoing refugee relocation and aid assistance underway through its operations in Central Europe with $250,000 donations to each the Global Red Cross Network, Mercy Chefs, Save the Children

The Department of Agriculture has canceled trade mitigation program payments to Chinese-owned Smithfield Foods following industry complaints. Politico reported USDA canceled a $250,000 contract with Smithfield following public complaints that a Chinese-owned company would receive U...

An appeals court struck down the gag order put into effect by the trial judge in the North Carolina hog nuisance lawsuits because it violated the First Amendment.  Meating Place said the court granted defendant Murphy-Brown’s request to strike down the gag order.  The three-jud...

China-owned Smithfield Foods is eligible for payments under the $12 billion aid package for American farmers.  The Washington Post says word of the eligibility has made smaller pork producers unhappy.  The Virginia-based, but China-owned pork company can apply for federal money under a program created this summer.   JBS of Bra...

Recovery is underway in North Carolina after Hurricane Florence.  The number of livestock lost to flooding is climbing in the aftermath.  The North Carolina Ag Department says 5,500 hogs and 3.4 million poultry were lost due to the hurricane.  In addition to da...