Hormel Archives - Grainews

A deal for Planters would be Hormel Foods’ biggest to date, the Wall Street Journal said. (Kraft Heinz promotional video screengrab via YouTube)

Kraft Heinz reported in talks to sell Planters snack business

Pandemic-based surge in snack demand wanes

By Reuters, GFM Network News February 3, 2021

Reuters — Kraft Heinz is in talks to sell its Planters snack business to Skippy peanut butter maker Hormel Foods for about US$3 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The deal could be announced as soon as next week if talks do not fall apart, the Journal […] Read more

Pork baby back ribs. (Grandriver/Getty Images)

Hogs, Livestock, Reuters

Packers win dismissal of U.S. pork price-fixing suits

By Reuters, GFM Network News August 8, 2019

Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said the plaintiffs failed to show […] Read more

Hogs, Livestock, Reuters

Smithfield Foods to buy Farmer John from Hormel

By Reuters, GFM Network News November 21, 2016

Reuters — Smithfield Foods said it would buy parent of the Farmer John and Saag’s Specialty Meats brands, and farm operations in three U.S. states from Hormel Foods for US$145 million in cash. Smithfield will buy Clougherty Packing as well as hog farm operations under PFFJ, or Pigs for Farmer John, in California, Arizona and […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

Hogs, Livestock, Markets, Reuters

China to resume imports from U.S. pork plants

By Reuters, GFM Network News October 24, 2015

Chicago | Reuters — China, the world’s largest pork consumer, will soon resume imports from 14 U.S. pork plants and warehouses, after halting some shipments last year over the use of a feed additive, the U.S. Department of Agriculture said Friday. USDA did not provide a date on which China will resume the imports. China’s […] Read more

GFM Network News

B.C. ostriches culled, CFIA confirms

U.S. livestock: Cattle, hogs end week on high note

U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops

Tag Archives Hormel

Kraft Heinz reported in talks to sell Planters snack business

Packers win dismissal of U.S. pork price-fixing suits

Smithfield Foods to buy Farmer John from Hormel

China to resume imports from U.S. pork plants

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