Meat, Poultry & Fish
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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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Egypt market opens opportunities for South African red meat producers
The veterinary agreement establishes export requirements for South African red meat shipments to Egypt, with final signatures needed before trade can begin.
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Trump orders USDA to expand interstate meat sales, modernize meat inspection
The order directs USDA to streamline state-federal inspection programs, support smaller processors, expand processing capacity and strengthen enforcement of meat industry rules.
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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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OSI Group, Cordina Group merge Australian poultry operations to form Cordina OSI
The transaction will combine two established poultry businesses, expanding operations across Australia and strengthening production and customer capabilities.