Smithfield Is Still Proving Itself to Investors
Smithfield’s IPO stumbled, but its pivot to packaged meats is winning over Wall Street – slowly. Despite strong returns, investors remain wary of ownership optics, GLP-1 headwinds, and valuation lag.
Smithfield’s IPO stumbled, but its pivot to packaged meats is winning over Wall Street – slowly. Despite strong returns, investors remain wary of ownership optics, GLP-1 headwinds, and valuation lag.
JBS says its stock could quadruple if markets re-rate it closer to peers like Tyson and Hormel – but a history of scandals still weighs heavily. With ESG scrutiny fading, JBS bets low drama could mean high returns.
Eggs and bacon or sausage: The traditional American breakfast – or at least it used to be. The Wall Street Journal recently reported that the pork industry currently is so efficient, it’s producing more meat …
National Beef Packing Co. LLC has postponed the planned $100 million expansion of its Tama, Iowa, plant, citing rising costs, Meat+Poultry reported (June 10). In March 2021, the company announced the expansion, which would have …
Meat and poultry producers were among America’s hardest hit sectors earlier in the pandemic, impacting production of chicken, beef, and pork at the country’s largest producers. The shortages across the country displayed how reliance on …
About 270 workers have died in meatpacking plants since the COVID-19 pandemic began, and research from the CDC suggests plants at times served as transmitters to spread the virus in surrounding communities. Cold temperatures, cramped …