Articles tagged under: Hormel

Hormel Makes Ractopamine Announcement

Published February 20, 2020

As of April 1, Hormel Foods will no longer accept hogs that have been exposed to the feed additive ractopamine. Tyson Foods and JBS USA made similar moves last year. Ractopamine is banned in China and the pork processing companies…
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Hormel Officials Anticipate More Volatility

Published August 23, 2019

Hormel Foods reports third quarter net earnings of $199.4 million, down from $210.4 million in the same quarter one year ago. Earnings were in line with expectations. Hormel CEO Jim Snee said further volatility is expected in a rapidly changing…
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MN-Based Hormel to Spin Off NE Plant

Published August 17, 2018

Hormel Foods is selling its Fremont, Nebraska pork processing plant to a farmer-owned entity known as WholeStone Farms. In terms of size, the Fremont plant is Hormel’s second largest slaughter and processing facility.
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Hormel Reports 2Q Financials

Published May 25, 2018

Hormel Foods reports second quarter profits of $237 million. That’s up nearly 13 percent from last year, but it was below trade expectations. The truck shortage is driving up costs for the Minnesota-based company. The Jennie-O Turkey Store business has…
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