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Poultry Industry News By Category: Markets and Economics
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Thursday, August 08, 2013
Seaboard Corp Sees Drop in Net Earnings
US – Seaboard Corp reports a drop in net earnings during January to July 2013 in spite of a rise in sales. ...
Significant Improvement in Cargill Earnings
US – Global meat and agrifood businessCargill has reported net earnings of $483 million in the fourth quarter of the 2013 financial year ended 31 May. ...
Tuesday, August 06, 2013
Tyson Reports Record Sales
US - Tyson Foods saw record sales of $8.7 billion in the third quarter of the year and has reported an overall operating margin of 4.8 per cent. ...
US Poultry Industry Commends Panel Decision on China's Anti-dumping Case
US - The US poultry industry has welcomed the announcement by the World Trade Organization (WTO) that a dispute settlement panel has ruled that the anti-dumping and countervailing duties imposed by the People’s Republic of China on imports of US chicken...
Short Corn Crop, Long Price Tail - Are We There Yet?
US - The drought reduced US corn crop of 2012 created expectations that corn prices would follow a "short crop, long tail" price pattern characterized by a price peak early in the marketing year, followed by an unpredictable pattern of declining prices...
Monday, August 05, 2013
US Wins Trade Enforcement Case for American Farmers
US - United States Trade Representative (USTR) Michael Froman, Secretary of Commerce Penny Pritzker, and Secretary of Agriculture Tom Vilsack announced last week (2 August) that the US won a major case at the World Trade Organization (WTO) on behalf of...
Closure of House of Raeford Turkey Plant Leads to Layoffs
US - Last week, the House of Raeford Farms closed its turkey slaughter plant in North Carolina. The closure led to 950 employees being laid off. ...
Friday, August 02, 2013
Pilgrim's Pride Reports Increase in Net Income
US - Pilgrim's Pride Corporation saw net sales of $2.2 billion in the second quarter of the 2013 financial year compared to $2.0 billion reported in the second quarter of 2012. ...
Nutrition Agreement Posing More of a Problem, Says NFU
US - National Farmers Union (NFU) President Roger Johnson issued a statement on the US House of Representatives' agreement on farm bill nutrition program cuts. ...
Thursday, August 01, 2013
Politicians, Officials Attack Chinese Ban of Arkansas Poultry
US - China's ban on Arkansas' poultry imports due to an outbreak of low pathogenic avian influenza (LPAI) has been criticised by politicians and state officials. ...
Wednesday, July 31, 2013
CME: Corn, Soybean Maintained Condition
US - Monday’s crop ratings from USDA indicated that both the corn and soybean crops maintained, on average, their condition in the past week. Corn rated as either good or excellent condition amounted to 63 per cent of total acres in this week’s Crop...
Tuesday, July 30, 2013
Demand Prospects for Old Crop and New Crop Soybeans
US - The recent sharp break in old crop soybean prices and basis indicates that the market believes that supplies will be fully adequate until the harvest of the new crop begins in six or seven weeks. For that to be the case, the domestic crush in July...
Advocacy Group Warns of Food Safety Threat from Imported Chicken
US - Imported Chilean chicken contaminated with dioxin reveals the threat of increased imports, says a consumer advocacy group....
Monday, July 29, 2013
NFU Urges Action to Strengthen Competition in Retail Market
US - National Farmers Union (NFU), along with 37 other organizations, sent a letter to the US Senate Committee on Commerce, Science and Transportation, calling for action to strengthen competition in the US rail transportation market....
Senators Introduce Legislation Protecting Livestock Producers
US - Two US senators have introduced legislation that protects the personal information of livestock producers from dissemination by the Environmental Protection Agency (EPA). ...
Friday, July 26, 2013
Pilgrim's Pride Pays Fine for Safety Violations
US– The US Department of Labor's Occupational Safety and Health Administration has fined the De Queen poultry processing plant owned by Pilgrim's Pride a sum of $170,000 due to exposure of farmers to hazardous chemicals....
Thursday, July 25, 2013
NCC's Roenigk Testifies at Subcommittee Hearing on RFS
US - National Chicken Council (NCC) Senior Vice President and Chief Economist, Bill Roenigk, has told the House Energy and Commerce Subcommittee on Energy and Power that the Renewable Fuel Standard (RFS), at least for conventional biofuels, is broken...
Wednesday, July 24, 2013
Cal-Maine Settles Egg Antitrust Class Action Claims
US - Cal-Maine Foods, Inc. announced that it has reached an agreement in principle to settle all direct purchaser class claims against the company. ...
Mississippi Poultry Industry Petitions for Road, Bridge Work
US - Chicken trucks are tearing up their roads and bridges, outstripping the resources at hand to maintain them, a common complaint heard from county supervisors....
Tuesday, July 23, 2013
Wholesale Meat Prices Generally Lower Since June
US - Seasonal changes in meat demand are well established among analysts but this year certain cuts are preserving margins for some wholesalers, writes John D Anderson of the American Farm Bureau Federation. ...
Monday, July 22, 2013
Agri-Pulse Update: US Farm Bill Sees Progress
ANALYSIS - Agri-Pulse Editor and Publisher Sara Wyant discusses the key events in Washington for the week ending Friday, July 19th. ...
CME: Livestock, Poultry Weights Show Upward Trend
US - Harvest (the more politically-correct term being used these days in place of slaughter) weights are, obviously, a major determinant of meat and poultry supplies, write Steve Meyer and Len Steiner....
Auction Company Takes over Townsend Poultry
US - A group led by a California auction company cast the winning bid worth US$5.36 million in a bankruptcy auction for the North Carolina assets of chicken processor, Townsend....
Friday, July 19, 2013
NFU President Discusses International Food Aid Reform
US - National Farmers Union (NFU) President Roger Johnson participated in a panel discussion about proposed reforms to the US international food aid system. The panel, entitled "Proposed Reforms to US Food Aid: Framing the Debate," was hosted by FoodPolicy.us....
Thursday, July 18, 2013
CME: Near-record for Beef, Pork Prices; New Record for Composite Chicken Prices
US - USDA estimates of retail meat and poultry prices for June, which were released on Monday, indicate a new record for the composite chicken series and near-record for three other key items, write Steve Meyer and Len Steiner....
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