U.S. Could Be Weeks From Meat Shortages With Shutdowns Spreading [Yahoo! Finance News]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: Yahoo! Finance News
Bloomberg) -- Plant shutdowns are leaving the U.S. dangerously close to meat shortages as coronavirus outbreaks spread to suppliers across the nation and the Americas.Almost a third of U.S. pork capacity is down, the first big poultry plants closed on Friday and experts are warning that domestic shortages are just weeks away. Brazil, the world’s No. 1 shipper of chicken and beef, saw its first major closure with the halt of a poultry plant owned by JBS SA, the world’s biggest meat company. Key operations are also down in Canada, the latest being a British Columbia poultry plant.While hundreds of plants in the Americas are still running, the staggering acceleration of supply disruptions is now raising questions over global shortfalls. Taken together, the U.S., Brazil and Canada account for about 65% of world meat trade.“It’s absolutely unprecedented,” said Brett Stuart, president of Denver-based consulting firm Global AgriTrends. “It’s a lose-lose situation where we have producers at t
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News
- Hormel Foods Rises on Earnings. It's Been a Brutal Year for the Stock. [Yahoo! Finance]Yahoo! Finance
- Is Hormel Foods a Bargain After a 40% Slide and Recent Share Price Rebound? [Yahoo! Finance]Yahoo! Finance
- Hormel Foods (NYSE:HRL) had its price target raised by analysts at JPMorgan Chase & Co. from $27.00 to $28.00. They now have an "overweight" rating on the stock.MarketBeat
- Hormel Foods leans into protein trend as portfolio trimming planned [Yahoo! Finance]Yahoo! Finance
- Hormel Foods (NYSE:HRL) had its price target raised by analysts at Bank of America Corporation from $25.00 to $26.00. They now have a "neutral" rating on the stock.MarketBeat
HRL
Earnings
- 12/4/25 - Beat
HRL
Sec Filings
- 12/5/25 - Form S-3ASR
- 12/5/25 - Form 10-K
- 12/4/25 - Form 8-K
- HRL's page on the SEC website