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Poultry Industry News By Category: Markets and Economics
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01 September 2014
CME Report: Poultry Market on the Rise
US - USDA’s monthly Agricultural Price publication was released on Thursday and we think its output-to-feed price ratios are quite telling regarding today’s profit situation in the livestock and poultry sectors, write Steve Meyer & Len Steiner....
29 August 2014
Tyson Completes Hillshire Brands Takeover
US - Tyson Foods, has completed its takeover of The Hillshire Brands Company....
28 August 2014
CME: Lack of Growth for US Chicken Businesses
US - In a year full of surprises, one that has gotten a bit lost is the lack of growth in the US chicken business. Most analysts went into 2014 expecting US chicken companies to quickly ramp up production to take advantage of lower grain costs and their...
Tyson to Sell Heinold Hog Markets Business
US - Tyson Foods and The Hillshire Brands Company have reached an agreement with the Antitrust Division of the Department of Justice....
27 August 2014
CME Report: US COOL Still Runs Afoul of WTO Rules
US - A number of news outlets reported over the weekend that the World Trade Organisation (WTO) has determined that USDA’s latest attempt to write rules for mandatory country of origin labelling still runs afoul of WTO rules, write Steve Meyer and Len...
Favourable Market Conditions Help Sanderson Farms
US – US integrated poultry processor Sanderson Farms has seen net sales for the third quarter of 2014 of $768.4 million compared with $739.0 million for the same period a year ago....
Further Extension of Tender Offer for Hillshire Brands Shares
US - Tyson Foods has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands to allow more time for anti-trust examination of the deal....
26 August 2014
Looking for Corn Consumption Response
US - In the newsletter of 11 August, the prospects for corn consumption to respond to lower prices during the 2014-15 marketing year and the potential for a subsequent price recovery were discussed, writes Darrel Good. ...
Poultry Producer to Reopen Former Townsends Plant
US - A poultry producer plans to reopen the former Townsends chicken processing plant in Siler City, North Carolina....
25 August 2014
Pork, Turkey Demand Help Hormel Profits
US – Meat and food processing giant Hormel Foods has reported record fiscal 2014 third quarter net earnings of $138.0 million, up 21 per cent from net earnings of $113.6 million a year earlier....
14 August 2014
Cargill Reports Drop in Revenue, Earnings
US – US meat and agrifood business Cargill has seen a 19 per cent drop in its annual earnings and a 12 per cent fall in earnings for the fourth quarter of the year....
12 August 2014
WASDE Report Bearish for Beans, Slightly Bullish for Corn, Neutral Wheat
ANALYSIS - Corn futures initially moved to a new contract low in the wake of Tuesday's USDA supply and demand and crop production reports - but mainly due to a sell-off in the soybean futures market following the data, writes Jim Wyckoff for ThePoultrySite....
11 August 2014
Veternarian Mobile App Being Adopted Nationwide
US - Launched in June, the mobile Certificate for Veterinary Inspection (CVI) application to allow veterinary practitioners to submit animal health certificates from the field is growing rapidly and has now been adopted in ten states across the nation....
07 August 2014
Russian Ban on US Poultry Not Likely to Cause Major Impact
US - Russian President Vladimir Putin yesterday (6 August) signed a decree to establish restrictions on imports of agricultural products from countries that have imposed economic sanctions on Russia as a result of the ongoing situation in Ukraine....
04 August 2014
Pilgrim’s Pride Reports Slim Growth
US - Pilgrim's Pride, the US poultry arm of the Brazilian meat processing giant JBS has reported net sales for the second quarter 2014 of $2.19 billion....
Failure of WTO Trade Talks Causes Disappointment
US - The American Farm Bureau Federation is disappointed that the World Trade Organization has failed to reach an agreement that would have sped the flow of goods through international borders....
30 July 2014
CME: Composite Broiler Price in June Lower Than Previous Month
US - Supply, supply, supply — that seems to be all we talk about these and, for that matter, most days. There’s a good reason for that, of course — primarily that virtually all of the data we get, especially on a frequent basis, is about supply,...
29 July 2014
Tyson Sales Grow
US – US meat and poultry processing giant Tyson has seen sales rise by nearly $2 billion in the first nine months of the financial year and by nearly $1 billion in the third quarter of the year....
Cal-Maine Foods Announces New Joint Venture for Speciality Egg Sales
US - Cal-Maine Foods, Inc. announced on the 25 July, 2014 that the company has entered into a new joint venture for specialty egg sales with Hickman’s Egg Ranch, Inc....
24 July 2014
CME: Red Meat, Poultry Stocks Below Year Ago Levels
US - On Tuesday (22 July), USDA released the results of its monthly survey of about 800 public and private refrigerated warehouses and the results will likely be viewed as bullish for cattle and, to a lesser extent, for hog futures today, write Steve...
23 July 2014
US Chicken Consumption on the Rise
US - More chickens are crossing the road and on to consumers’ plates, according to new research at the National Chicken Council’s Chicken Marketing Seminar in Greensboro, Georgia....
22 July 2014
IPPE Selected for 2015 International Buyer Programme
US - The 2015 International Production & Processing Expo (IPPE) has been named one of 24 companies nationwide to participate in the Department of Commerce’s International Buyer Programme. ...
18 July 2014
Tyson Starts Process to Buy Hillshire Brands
US - Tyson Foods has started the process to buy Hillshire Brands....
14 July 2014
US Corn Prices Drop - Will Corn Creep Back into Feed Rations?
ANALYSIS - Matt Roberts, agricultural economist at The Ohio State University, said corn prices could drop another 40 cents to 50 cents going into the fall and with lower grain prices, he questions when livestock producers will start adding corn back into...
03 July 2014
Farmers Union Urges Keeping COOL for Independence Day
US - More than 74 million Americans plan to celebrate the US's independence this weekend by enjoying a barbecue. About 900 million pounds of pork, beef and chicken will be purchased around the country this week. With all that meat on the grill over the...
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