Expana's Weekly Top 10: Stories Making Waves Across Global Markets

Throughout the week, Expana’s team of dedicated journalists connects the industry with the “how” behind market dynamics, providing a comprehensive space for the market-moving stories shaping global headlines.

With so much information to filter through, Expana is connecting the dots with its weekly roundup of the top ten stories making waves — in no particular order.

10. USDA Launches New World Screwworm Grand Challenge

The USDA announced the launch of the New World Screwworm (NWS) Grand Challenge following reports that the flesh-eating parasitic...

Smithfield Foods Reports Strong Q2 Growth and Increased Profitability

Smithfield Foods, an industry leader in packaged meats and fresh pork, has reported another successful quarter, highlighting its continued growth and operational efficiency.

Following a strong first quarter, Smithfield announced in June a strategic initiative to streamline operations and reduce costs. This included relocating over 100 corporate jobs to Hampton Roads and the planned closure of two regional offices in Illinois and Missouri. 

"Our strong second quarter results demonstrate the agility and resilience of our business as we navigate a dynamic macroeconomic environment. Through our iconic and diversified brand portfolio...

Smithfield Foods Added to Russell 1000 Index

Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion became effective after the market close on March 21, 2025, as part of the quarterly addition of eligible initial public offerings to the Russell Indexes.

The Russell 1000 Index includes the 1,000 largest publicly traded U.S. companies based on market capitalization and is widely used by investors as a benchmark for the...

Statement from Smithfield Foods

Smithfield is pleased to announce that on October 24, 2024, FACTA, LLC, a third-party animal welfare assurance, certification, and training organization, which is accredited as a certifying agent by the California Department of Food and Agriculture (CDFA) to perform audits under the Farm Animal Confinement Initiative (Prop 12), recertified that farms 42104, 42105, 42106, 42107, and 42108, operated by Smithfield’s subsidiary Murphy-Brown LLC in Cedar City, Utah, were in compliance with CDFA’s Animal Confinement Regulations. And previously, on April 8, 2024, FACTA, LLC certified that farms 42100, 42101...