The transaction will fuel Smithfield’s strategy of continued growth in the value-added packaged meats segment, enhancing its ability to serve growing demand for high-quality pepperoni, deli, charcuterie and other dry sausage products. …
Hanford-based Central Valley Meat Holding Co. has expanded once again with the announcement Tuesday that it has reached an agreement to acquire the Cargill Meat Solutions beef processing plant in Fresno. …
Ardent Mills announced that its board of directors has appointed Sheryl Wallace as its new chief executive officer, effective July 8. Sheryl, who has served on Ardent Mills’ board since 2020 and most recently serves as the president of U.S. origination and grain at Cargill, brings nearly 30 years of experience and a successful track record of leadership in business growth, strategy, commercial, trading and risk management in the food and agriculture industries. …
New reports by Sustainable Fisheries Partnership (SFP) released (part 2) and October 2023 (part 1) show declines in performance of key reduction fisheries for the sixth year in a row, highlighting the need for more active and long-term industry engagement to ensure good fisheries management. Two more fisheries dropped into the “poorly managed” category: Chilean jack mackerel – SE Pacific (Peru), and blue whiting – NE Atlantic (which dropped after moving up in 2022). …
As demand for sustainable protein rises, aquaculture, which is one of the most sustainable forms of protein production today, has become the fastest growing food production sector globally – producing half of the seafood consumed worldwide. But inefficient federal permitting processes and a lack of regulatory certainty in the U.S. has hindered growth of America’s aquaculture industry. As a result, the U.S. ranks only 17th in aquaculture production with the U.S. aquaculture market valued at $1.5 billion – only 0.6% of the $263 billion global aquaculture market. The U.S. imports up to 80% of its seafood – mainly from Asia and Europe. …
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