Hormel Foods Corp. reported its performance for the fiscal year 2011 third quarter. The company reported fiscal 2011 third quarter net earnings of $98.5 million, up 15 percent from net earnings of $85.4 million a year earlier.
The NMA Scholarship Foundation announced last week the seven undergraduates chosen as recipients of scholarship grants for the 2011-12 academic school year.
John Bauer, president and CEO of Basic Food International, has been appointed to the U.S. Agricultural Advisory Committee, which resides under the direction of the U.S. Secretary of Agriculture in coordination with the U.S. Trade Representative (USTR).
Sanderson Farms shares dropped 4 percent on Monday as an analyst predicts the poultry producer's third-quarter loss will be bigger than Wall Street's forecast due to falling chicken prices and higher feed costs.
Beloit fire officials say an air compressor exploded at a Hormel Foods production facility, leading to a fire that caused an estimated $50,000 in damage. No injuries were reported.
Vantage Foods, a Lenoir, N.C. establishment is recalling approximately 1,642 pounds of ground beef products that may contain foreign material, the U.S. Department of Agriculture’s Food Safety and Inspection Service announced.
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