McDonald's has finally caught up with consumer sentiment on the subject of factory farming and the inhumane treatment of animals. The fast food giant is using its massive leverage to push its pork suppliers to phase out cruelly confining gestation crates for their pigs.
A new national study reveals some disturbing news for consumers: 47% of meat and poultry samples tested were contaminated with Staph bacteria. Find out which meat was the worst offender.
Japan's domestic food supply faces plenty of threats, including nuclear radiation, a crippled distribution infrastructure and a shaky electric grid. But there's some good news for U.S. suppliers: A shortage of domestic beef and pork could increase the market for imported meat.
It's no surprise that consumer prices are rising -- the prices of commodities from corn to cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will raise rates to combat this price inflation -- and whether it should.
Since the mad cow scare of 2003, South Korea has been a tough market for U.S. beef: The country first banned it, then severely limited imports. But a pending new trade agreement could mark the resumption of normal trade and the start of a more prosperous era for American beef exports.
The price of corn has shot up 8% during the week of Oct. 11 alone, bringing the total rise to close to 50% in the last three months. As farmers cull herds to save feed costs, meat supplies will shrink -- and the price of hamburger and pork chops will be rising.
IBISWorld Research has identified four unfortunate industries that will likely be mired in recession-like conditions over the next three years. It's not a good time to be hog farmer or a postmaster.
Smithfield Foods reported an upswing in profits for its fiscal first quarter Wednesday as costs fell and sales rose. The CEO touted strength in pork and hog production segments.
The National Pork Board sent a cease and desist letter to a web site that's marketing unicorn meat as 'the new white meat' - a slogan similar to the industry's own. The NPB has made it clear it has some legal prowess, but does it have a sense of humor?
Smithfield Foods beat Wall Street's fourth-quarter earnings estimates Thursday, its report noting that signs are emerging to indicate the beginnings of a turnaround in the battered and beleaguered hog industry. The company's adjusted results showed a profit of 18 cents a share.
