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News
Daily Livestock Report: Pork Exports Slide as Global Competition Intensifies
3+ day, 12+ hour ago (522+ words) meatingplace.com Daily Livestock Report: Pork Exports Slide as Global Competition Intensifies Sponsored in part by CME Group Pork exports decline from spring to summer, mirroring the decline in pork production and higher prices. However, the decline this year has…...
Beef Turnover: Tide Continues in Packer-Feedlot Margin Flip
3+ day, 15+ hour ago (129+ words) Beef packers saw margins improve last week, while feedlot margins deteriorated further as the two sectors’ fortunes have flipped in recent weeks. According to Sterling’s Beef Profit Tracker, the estimated beef packer margin last week averaged $169.22 per head, increasing from…...
US Broiler Placements Stay Ahead of 2025 Pace
4+ day, 11+ hour ago (138+ words) U.S. broiler egg sets increased from year-ago levels while weekly chick placements were nearly unchanged, according to USDA’s latest hatchery data. Commercial hatcheries set 249 million broiler-type eggs in incubators during the week ending Sept. 5, up 1% from the same period last year,…...
Smithfield Predicts Pork Segment Loss in Q3
4+ day, 11+ hour ago (209+ words) Smithfield Foods said Tuesday afternoon it expects its pork segment to swing to an adjusted operating loss as pork cutout value and hog prices decline. The pork giant’s shares slipped almost 2% in extended trading on the announcement, which also included…...
PRV Restrictions Weigh on US Pork Exports
6+ day, 6+ hour ago (299+ words) U.S. pork exports declined in July as earlier pseudorabies virus-related restrictions continued to weigh on shipments to Mexico, although exports remained above year-ago levels through the first seven months of 2026. July exports totaled 224,305 metric tons, down 6% from a year ago, while…...
Smithfield Pork Profits Rise on Lower Hog-Raising Costs
1+ week, 7+ hour ago (231+ words) Smithfield Foods’ North American pork business posted higher operating profit in the first half of 2026, offsetting weaker results from its packaged meats segment, parent company WH Group reported. North American pork operating profit increased 11.7% year over year to $182 million during…...
Rabobank: Global Beef Production to Fall 2% in 2026
2+ week, 4+ day ago (416+ words) Global beef production is expected to decline 2% in 2026 as tighter cattle supplies weigh on output across several major producing regions, according to Rabobank’s latest Global Beef Quarterly. Rabobank expects production to fall in the U.S., Brazil, China and Europe, with…...
Historic N.D. Meat Processor Announces Sale
2+ week, 4+ day ago (183+ words) Mandan, N.D.-based M&W Beef Packers Inc. said the more than 50-year-old business is up for sale. The sale includes a USDA-inspected 7,000-square-foot plant, a separate garage/shop building, all equipment, and the business itself. The three current owners are…...
Daily Livestock Report: Canadian Hog Herd Expands as US Inventory Contracts
2+ week, 4+ day ago (528+ words) Meatingplace Daily Livestock Report: Canadian Hog Herd Expands as US Inventory Contracts Sponsored in part by CME Group The latest Canadian hog inventory survey shows that, unlike their U.S. counterparts, Canadian hog producers have slowly started to rebuild the sow herd....
Daily Livestock Report: Cold Storage Inventories Fall Despite Higher Meat Production
2+ week, 5+ day ago (503+ words) Meatingplace Daily Livestock Report: Cold Storage Inventories Fall Despite Higher Meat Production Sponsored in part by CME Group The latest USDA survey of cold storage warehouses presented a somewhat more constructive picture than the previous month. According to USDA, combined…...