After a nice trading day basking in the green, following President Trump’s assertion that peace talks are going “very well” with Iran (while lacking particulars, and that’s putting it kindly), pre-market futures are down a quarter of a percent at this hour. The Dow is giving back -130 points from the +631 it made yesterday, the S&P 500 is -17 from Monday’s +74, and the Nasdaq is stripping back -66 points from +299 the previous session.Close the Book on Q4 Productivity: +1.8%Nonfarm U.S. Productivity for Q4 ...

US meat packer Smithfield Foods is predicting a slowdown in sales growth but with potential upside in operating profit for its new fiscal year. The packaged meats and fresh pork supplier announced its first full-year results today (24 March) since going public on the Nasdaq exchange, with net sales up 9.8% at $15.5bn in the period to 28 December. After a year that president and CEO Shane Smith said was marked by “significant market headwinds”, Smithfield Foods is guiding to low-single-digit sales growth ...

The company posted fourth-quarter net income of $327 million, or 83 cents a share, up from $204 million, or 54 cents a share, the year prior. ...

Smithfield Foods beat quarterly results estimates on resilient demand for pork | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv A sculpture adorns Smithfield Foods' hog slaughterhouse in Smithfield, Virginia, U.S. October 17, 2019. REUTERS/Tom Polansek Purchase Licensing Rights, opens new tab March 24 (Reuters) - Smithfield Foods (SFD.O), opens new tabbeat analysts' estimates for fourth-quarter sales and profit on Tuesday, helped b ...

Striking JBS employees took to the streets of Greeley, Colorado, before sunrise on Monday to picket against the world's largest meat company, in a rare labor stoppage at a U.S. meatpacking plant and a sign of upheaval in the beef industry. ...

Group 1 - The company shifted production from the Colorado facility to mitigate the impact of the labor action [1]

Core Viewpoint - The article emphasizes that meat prices in the U.S. have reached unprecedented levels, and JBS is positioned to help consumers manage these costs effectively [1]. Company Summary - JBS is recommended as a buy, indicating a positive outlook for the company's stock performance [1]. - The analysis is part of a broader coverage thesis initiated on June 23, 2024, suggesting ongoing research and interest in JBS [1]. Industry Summary - The current state of the meat industry in the U.S. is characterized by high prices, which presents both challenges and opportunities for companies like JBS [1].

Senate Democrats introduced a bill to allow companies to process only one type of meat and set stricter limits on the beef market https://t.co/vHc3p4Scyv ...

Core Viewpoint - JBS is planning to build a new B2B ingredients processing site in Melbourne, Australia, aimed at producing tallow, oil, and high protein meal from porcine by-products through a modern continuous dry rendering process [1][2]. Group 1: Facility Details - The proposed "Protein Recovery Facility" will have a processing capacity of 15 tons per hour, equating to approximately 200 tons per day [2]. - The construction schedule is still being finalized and will be confirmed after obtaining all necessary regulatory approvals [2][3]. - Production start dates will be announced once approvals are in place and construction planning is complete [3]. Group 2: Environmental and Operational Efficiency - The investment is positioned as a move to enhance supply-chain efficiency and environmental standards, with modern controls for odour and wastewater management [4]. - The facility is designed to meet stringent environmental performance standards and aims to reduce raw material transport by road, minimizing exposure to air [4][5]. - Enclosed transfer systems, including a sealed pipeline connected to the adjacent abattoir, will reduce truck movements and limit raw material exposure [5]. Group 3: Broader Business Context - JBS's Australian operations employ 17,000 people and manage multiple facilities, including 19 meat processing plants and three salmon farming regions [6]. - In July 2024, JBS committed A$110 million (approximately $73.6 million) to Huon Aquaculture's Whale Point farm in Tasmania, which includes plans for a hatchery capable of rearing seven million fish [6]. - Recently, JBS expanded its market activity by shipping its first beef consignment to Vietnam in July 2025 [6].

Group 1: Company Developments - Smithfield Foods, Inc. has initiated the approval process to build a new state-of-the-art packaged meats and fresh pork processing facility in Sioux Falls, South Dakota, which will replace the existing plant [2] - The proposed facility will be located in Foundation Park, a 1,000+-acre heavy industrial park, and is expected to support the local economy by maintaining 3,200 jobs and contributing approximately $200 million in annual wages [2] - Smithfield Foods has entered into a definitive merger agreement to acquire Nathan's Famous for $102.00 per share in cash, with an enterprise value of approximately $450 million, expected to close in the first half of 2026 [3] Group 2: Financial Implications - The acquisition of Nathan's Famous values the company at approximately 12.4x LTM adjusted EBITDA and about 10.0x post-synergies, with expected annual cost synergies of approximately $9 million by the second anniversary of closing [3] - The deal is anticipated to be immediately accretive to adjusted diluted EPS from continuing operations attributable to Smithfield, funded with cash on hand and not subject to financing contingencies [3] Group 3: Industry Position - Smithfield Foods operates in the packaged meats and fresh pork production sector, serving both retail and foodservice customers in the United States and internationally [4]