pork

McDonald's Works to Take Animal Cruelty off the Menu

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.

Before You Cook Your Next Meal, Read This

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.

Inflation Warning: Should the Fed Raise Interest Rates?

It's no surprise that consumer prices are rising -- the prices of commodities from 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.

The Trade Deal With Korea Will Beef Up U.S. Meat Exports

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 Free Trade Agreement could mark the resumption of normal trade, and the start of a more prosperous era for American beef exports.

Tyson Foods Reports Quarterly EPS of 57 Cents

Tyson Foods (TSN) reported earnings of 57 cents per share for the fourth quarter of fiscal 2010, compared with a loss of $1.23 per share a year earlier. The company reported goodwill impairment charges of 7 cents per share in the quarter, up from $1.50 per share a year earlier.

Rising Corn Prices Will Soon Mean Fatter Meat Prices

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.

Meat Prices Highest Since 1980s - and Still Rising

The burger or bacon you put on your plate is likely at its most expensive since the 1980s, and it%u2019s only going to get pricier. The surging price of corn futures - which allow farmers to lock in the price of the grain for an extended period - means few farmers are expanding their herds, Bloomberg News reported. Meat prices have risen 14% this year, driving up U.S. retail costs, and the rally is not over yet. The surging price of corn futures - which allow farmers to lock in the price of the grain for an extended period - means few farmers are expanding their herds, Bloomberg News reported. Meat prices have risen 14% this year, and the rally is not over yet.

Smithfield Foods Brings Home the Bacon

Smithfield Foods reported stronger results for its fiscal first quarter Wednesday as costs fell and sales rose. Net income at Smithfield for the period that ended Aug. 1 was $76.3 million compared to a loss of $107.7 million a year earlier, which beat analysts' expectations.

Pork Industry Sends Cease and Desist Letter Over Unicorn Meat

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 Earnings Beat Wall Street Estimates

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.

Here's the Beef: Why U.S. Cattle Prices Are Rising

Meat eaters, brace yourselves for higher prices in the months to come. After a long economic slide, U.S. beef prices are rising again, as demand both at home and abroad increases -- and American consumers must now compete with Asian customers for popular beef short ribs.

12 things you shouldn't buy in 2010

Who among us doesn't own a closet full of toys, tools, clothes and electronics that we just had to have, only to find after we made the purchase that...

Mixed markets in Asia today

The biggest gains in the Asian markets were scored in Japan where the Nikkei moved up 2 percent today to close at 10,513, posting its largest one-day...

Stimulus money for a mob museum?

Las Vegas is looking for a chunk of the next economic stimulus package to pay for a proposed $50 million mob museum: The Las Vegas Museum of...

Pig farmers are natural hams

If you haven't heard,the National Pig Association in England has been taking some rather drastic measures to call attention to the plight of the pork...