NORTHFIELD, Ill. – Kraft Foods Inc. said Wednesday that its third-quarter profit doubled because of the sale of its Post cereals business. The maker of Oscar Mayer meats said

WASHINGTON – The Department of Homeland Security (DHS) on Tuesday published a supplemental final rule named Safe Harbor Procedures for Employers who receive a No-Match Letter. The DHS was

RICHMOND, Va. – Smithfield Foods Inc. has dropped a lawsuit against a union which agreed to end its economic and publicity campaign against the pork producer. Reports said that

WASHINGTON – A survey released this week by Technomic said that many people are willing to spend more on “higher quality” items if they have premium ingredients. The new

DENVER – The National Cattlemen’s Beef Association (NCBA) said Monday that it saw membership and revenues increase significantly for the 2008 fiscal year ending Sept. 30. The industry group

LINCOLN, Neb. – The chairman and president of Premium Protein Products said Monday that his company is cutting 30 to 40 jobs. Steve Sands said that the layoffs will

PITTSBURG, Texas – Pilgrim’s Pride Corp. said Monday that it has reached an agreement with lenders to extend the temporary waiver under its credit facilities through Nov. 26. The

WASHINGTON – The National Pork Producers Council (NPPC) has urged the U.S. government to make risk assessments for classical swine fever in Mexico a top priority. Mexican officials in

RICHMOND, Va. – Smithfield Foods’ racketeering lawsuit against a union goes to trial Monday in federal court in Richmond, reports said. The lawsuit is related to the United Food

SMITHFIELD, Va. – Smithfield Foods Inc. announced Thursday that it has completed the sale of Smithfield Beef Group to JBS SA for $565 million in cash. The sale reportedly