In this article, we will discuss the 20 largest poultry producing countries in the world. If you want to skip our discussion on the poultry industry, you can go directly to the 5 Largest Poultry Producing Countries in the World. The poultry sector has experienced tremendous growth in recent decades, driven by increasing consumer demand […]
CHICAGO (Reuters) -Smithfield Foods said it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply. Pork producers have been losing money as pig prices and consumer demand have struggled at a time of high costs for labor and other expenses. Smithfield, owned by Hong Kong's WH Group, said it will terminate employees who support its dealings with farms that raise hogs under production contracts.
Tyson Foods' (TSN) new production facility in Danville, VA, marks its most automated plant to date. It is likely to help the company serve the rising demand for its brand products.