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 ...
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Smithfield raises 2025 operating profit outlook to $1.15B–$1.35B with $50M boost in Hog Production segment
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 ...
According to the USDA Economic Research Service Livestock, Dairy, and Poultry Outlook for February 2026, prices of live equivalent national daily direct producer-sold hogs averaged $61.49 per cwt, a 1 ...
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 ...
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.
Enhancing reports and published data is important for reflecting the dynamics of the industry and the value of market ...
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 ...
Contract finishing accounted for 52% of the U.S. hog inventory in the latest USDA Hogs and Pigs report. Contract hog finishing has continued to grow into a larger part of total U.S. pork production.
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 ...
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