Smithfield Foods Announces Sale Of Texhoma Hog Production Operations

January 31, 2011 Smithfield Foods

Smithfield Foods, Inc. announced today that it completed the sale of its hog production operations located in Texhoma, Oklahoma to Prestage Farms, Inc. Specific terms of the transaction were not disclosed.

Perdue First Poultry Company To Receive USDA Process Verified Seal

January 31, 2011 Perdue

To help consumers choose chicken products they can feel good about, PERDUE fresh, all natural chicken products now carry the USDA Process Verified Seal. Perdue is the first poultry company to receive this seal of verification for its practices. The United States Department of Agriculture (USDA) has verified that PERDUE products with this seal are from chickens that have been raised without cages and/or were fed an all vegetarian diet.

Sara Lee Names Smits CEO, Plans To Split Company

Sara Lee Corp., the maker of Ball Park hot dogs and Douwe Egberts coffee, decided to split itself in two after failing to agree to takeover offers from suitors.

U.S. Cattle Herd At Lowest Since 1958 May Spur Beef-Price Surge

The U.S. cattle herd probably shrunk to the smallest size since 1958, and the drop in beef supplies may boost prices to a record, analysts said.

Bill The Butcher Retains New York-Based Investment Banking Firm

January 28, 2011 Bill the Butcher, Inc.

Bill the Butcher, Inc., a leading retailer of organic and natural, grass-fed meats, today announced that it has retained a New York-based investment banking firm. The firm is a full-service investment bank and boutique brokerage that provides middle market corporate finance, research, and valuation services.