Hormel Foods

Bird flu will have a “meaningful impact” on turkey supplies in coming months, said the head of Hormel Foods, the second-largest turkey processor in the country, on Thursday. Chief executive Jim Snee said Hormel anticipated “large supply gaps” for its Jennie-O Turkey Store operations in the months ahead because of flock losses.

Up to $7 million will be paid in bonuses to "team members who continue to produce food during the Covid-19 outbreak," said Hormel Foods on Thursday. The money will be paid in July to employees at Hormel's meat and processed food plants and would follow a $4 million bonus paid in April. <strong>(No paywall)</strong>

Seven major food companies, with $124 billion in combined annual revenues, will work with growers around the world to reduce water use and pollution, said World Wildlife Fund and Ceres, a nonprofit group promoting sustainable food. The companies, Diageo, General Mills, Hain Celestial, Hormel Foods, Kellogg, PepsiCo and WhiteWave Foods, will submit detailed sustainable sourcing and water stewardship plans as part of the AgWater Challenge.

China barred pork imports from six U.S. processing plants and six cold storage facilities as part of its ban on the feed additive ractopamine, which helps hogs gain weight more rapidly, said Reuters.