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Meat, Poultry & Fish – Financials & Economy
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Cargill Q1 profit falls 52%
Cargill’s quarterly earnings were pressured by elevated cattle and cocoa costs, while poultry investments in Thailand and the Philippines expand its global operations.
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Smithfield Foods forecasts US$70M-$90M Q3 fresh pork operating loss
Lower hog and pork cutout prices are squeezing industry margins, while Smithfield expects its packaged meats business to remain profitable despite cautious consumer spending.
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Tyson Foods cuts sales and profit forecasts again
Tyson expects a deeper beef loss of up to US$775 million as cattle shortages and volatile prices drive margin pressure and prompt further operational changes.
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MBRF posts US$7.9B revenue, US$13.3M profit in Q2 2026
Food group records a quarterly sales volume of 2 million tonnes.
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Maple Leaf Foods reports US$100 million Q2 adjusted EBITDA as poultry business lifts earnings
Maple Leaf Foods retained its 2026 revenue and earnings forecasts despite revenue falling short of market expectations.