REUTERS — Hormel Foods has cut its annual sales forecast, hurt by lower commodity prices and a production disruption at its Planters brand manufacturing facility in Virginia. The company also missed market expectations for third-quarter sales and narrowed its annual adjusted profit target. Lower commodity prices for high-volume export products such as turkey and fresh […] Read more
Tag Archives Hormel

VP candidate knows Canada
Canada might have a friendly neighbour and supporter of international trade beside Kamala Harris, if she wins the U.S. presidential election in November. Tim Walz, the Minnesota governor who Harris named as her vice-presidential pick, has been a pro-trade supporter of agriculture, says Tim Dufault, a board member of the Minnesota Wheat Research and Promotion […] Read more