After coming to an initial agreement in April, Smithfield Foods settled a $42 million lawsuit with foodservice operators who indirectly purchased pork from Smithfield Foods or co-conspirators or their respective subsidiaries or US affiliates for their own business use in commercial food preparation.
The American Farm Bureau Federation (AFBF) recently shared the results of its latest marketbasket survey, which showed the average cost of a summer cookout has increased since a year ago. The organization said a group of 10 US consumers will pay an average of $69.68 for popular Independence Day food items, up 17% from 2021.
The inventory of all hogs and pigs on June 1, 2022 was 72.5 million head, down 1% from a year ago and down slightly from March 1, 2022 according to data from the US Department of Agriculture’s National Agricultural Statistics Service (NASS).
In partnership with the American Meat Science Association (AMSA), Midan Marketing has created the Patrick Fleming Mentor Recognition Fund, a $25,000 scholarship for meat science graduate students going into the pork industry.
Animal and Plant Health Inspection Service (APHIS), a branch of the US Department of Agriculture (USDA), announced a new effort to prevent the spread of the African swine fever (ASF) to the United States.