Maple Leaf Foods is splitting into two independent public entities by spinning off its pork business, it said today.
Maple Leaf Foods will retain a 19.9 per cent ownership position in the newly formed pork company, the name of which will be announced in the coming months, the company said.
Maple Leaf Foods plans to split into two independent public companies
U.S. grains: Soybean, grain futures drop on expectation of positive crop report
Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.
U.S. livestock: Cattle futures lower, hogs mostly down on demand questions
Chicago Mercantile Exchange cattle futures turned lower on Monday, shedding a post-holiday rally on demand concerns and news that beef-loving Argentines are cutting back on buying steaks as the country's economy slumps.
Bird flu strain in US cows shows minimal air spread in ferret study
The bird flu strain found in cows in the United States is not easily transmitted through the air among ferrets, a new study shows, although the scientist who led the work said it had shown some ability to spread this way.
Farmworkers in the US cultivate their own heat safety standards
Fair Food Program seeks to circumvent slow regulatory process
While regulations to protect agricultural workers from the heat have been held up by political wrangling, Gonzalo and her colleagues have spearheaded an alternate strategy. They seek to sidestep the slow and increasingly politicized government machinery and instead appeal directly to consumers and large brands.
U.S. livestock: Live cattle futures continue rally on steady demand
Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
Brazil sues Syngenta for alleged environmental damage
Brazil's environmental agency IBAMA has sued Syngenta alleging the chemicals company caused "environmental damage" by producing and selling pesticides using much higher concentrations of a carcinogen than allowed under law, according to court documents seen by Reuters.
Germany reports rare outbreak of H7N5 bird flu near Dutch border
Germany reported a rare outbreak of highly pathogenic H7N5 bird flu on a farm in the western part of the country, near the border with the Netherlands, the World Organization for Animal Health (WOAH) said on Thursday.
U.S. livestock: Cattle futures end higher in light pre-holiday trade
Chicago Mercantile Exchange live cattle futures closed higher for a second session on Wednesday, supported by strong wholesale beef prices and light technical trading ahead of the U.S. July Fourth holiday, traders said.
U.S. grains: Soybean futures recover from four-year low
Chicago Board of Trade soybean futures rose on short covering on Wednesday after nearing a four-year low this week on concerns about large supplies and lackluster U.S. export demand, analysts said.