The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Meat
Beef and lamb receive 580 times more in EU subsidies than legumes, study reveals
Figures released by charity Foodrise have revealed that beef and lamb received an estimated 580 times more common agricultural policy subsidies from the European Union than legumes in 2020.
Oklahoma State University installs HPP system in $7m food processing upgrade
Oklahoma State University (OSU) has expanded its food processing and applied research capabilities through a $7 million state-supported modernisation initiative.
Hormel Foods to divest whole-bird turkey business to Life-Science Innovations
Hormel Foods has entered into a definitive agreement to sell its whole-bird turkey business to Life-Science Innovations.
Smithfield Foods to build new $1.3bn meat facility in South Dakota
Smithfield Foods has announced plans to build a new packaged meat and fresh pork processing facility in Sioux Falls, South Dakota, US.
Cargill to close Milwaukee beef processing facility
US agribusiness giant Cargill will permanently close its beef processing facility in Milwaukee, Wisconsin, eliminating 221 jobs.
Smithfield to close Massachusetts dry sausage plant, lay off 190 workers
Smithfield Foods, the US pork and packaged meats giant, will close its dry sausage facility in Springfield, Massachusetts, in August 2026
JBS expands Middle East footprint with $150m Oman joint venture
JBS is expanding its manufacturing base in the Middle East with a $150m joint venture in Oman, aiming to strengthen its capability in the Middle East.
Smithfield to buy Nathan’s Famous for $450m, securing control of key hot dog brand
Smithfield Foods will acquire US-based hot dog maker Nathan’s Famous in an all-cash deal valued at approximately $450 million.
Tropical Cheese acquires Cibao Meat Products to expand Hispanic refrigerated foods portfolio
Tropical Cheese, a leading US producer of Hispanic dairy products, has acquired Cibao Meat Products.
Olymel promotes COO Daniel Rivest to CEO as Yanick Gervais steps down
Olymel, one of Canada’s largest agri-food processors, has promoted its chief operating officer Daniel Rivest to chief executive officer, effective July 2026.
Vion plans permanent closure of Hilden deboning site amid market consolidation
Meat group Vion has announced plans to permanently close its deboning facility in Hilden, Germany, citing ongoing structural changes in the meat market that are driving the need for consolidation.
- Page 3