Pork

Smithfield CEO Kenneth Sullivan said his business and other meat producers are performing a vital service, as meat is "essential to life," The Wall Street Journal reported. Smithfield CEO Says Plants Should Operate  Smithfield was forced to close several of its plants across the U.S...

The COVID-19 economic shutdown may soon be impacting Americans’ dinner tables. On Sunday, Smithfield Foods announced it is closing its Sioux Falls, South Dakota facility until further notice, and experts say the closure could threaten the nation’s pork supply. The Smithfield plant...

Inflation in China rose to its highest level in eight years in November, in part due to the price of pork more than doubling yet again in a single month, CNBC reported. African Swine Fever Sends Pork Prices Higher  China's National Bureau of Statistics said pork prices were higher by 110%...

China's pig supply has been depleted by 19 percent as a result of the spread of African swine fever. This gives U.S.-based Tyson Foods, Inc. (NYSE: TSN) an opportunity to increase sales to China as consumers shift consumption to chicken and beef, according to Credit Suisse. The Analyst Robert...

Tyson Foods, Inc. (NYSE: TSN) and Buffalo Wild Wings (NASDAQ: BWLD) reported over the last couple of days financial results for their fourth quarter. Tyson Foods managed to hold itself above the waters despite a regulatory probe overhang. That said, Buffalo Wild Wings managed to succumb to...

Over the last few years, bacon has expanded its standard marriage with eggs to include unusual partners. Bacon ice cream and bacon donuts have increased in popularity — and reserves have taken a hit. Not The Bacon! The U.S. Department of Agriculture reported that frozen pork belly inventory...

In a new report, Credit Suisse analyst Weishen Deng discusses the importance of pork prices on the economic outlook for China. Historically, pork prices and CPI inflation have had a relatively high correlation in China, but Deng believes that this is not one of those times. Pork prices in China...

Chipotle has announced that carnitas will be returning to all of its locations by November. The chain’s new pork supplier, Karro Food, will step in to meet the demands of a supplier that was dropped earlier this year due to noncompliance with animal welfare standards. Chipotle...

Chipotle Mexican Grill, Inc. (NYSE: CMG) loyalists could breathe a sigh of relief as Brian Sozzi of Belus Capital Advisors confirmed the company could be a few short months away from re-introducing carnitas to its menu. In an article on The Street, Sozzi quoted Chris Arnold, a Chipotle...

In trading commodities, Mike Seery likes to keep it simple. His preference is to enter on a trade on a four-week low or a four-week high. He's also a trend-follower. “If something has hit the lowest price in the last 20 trading days, I am going to short it,” he said. “If...

The headlines have been scary, especially for the carnivores among us -- beef prices are at their highest level in decades and the overall U.S. cattle herd at its smallest since 1951. But industry experts say there's more to those numbers than meets the media's eye. Lance Zimmerman, an analyst...