Smithfield Foods has reported strong financial results as hog production declines. Hog production continues to decrease, aligning with Smithfield’s strategy to limit exposure to market fluctuations.
The India-based seafood company is setting up R&D and production facilities to enhance aquaculture formulations.
A case of bird flu has been identified in a sheep in the UK, marking the first known instance of the virus in the species. Experts say the risk to livestock and humans remains low, but authorities are monitoring the situation.
The UK has eased import bans on German meat and dairy products after foot-and-mouth disease (FMD) containment measures were recognized. The restrictions remain in place for personal imports and specific products from affected regions.
The Canadian food company is adding nearly US$698.4 million to its revenue as it continues its acquisition spree.