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December 10, 2013
12:10 EDTSAFM, HOGS, TSN, HRL, SFDRed meat, poultry production forecast raised from November
According to the latest WASDE report from the USDA, the forecasts for total red meat and poultry production for both 2013 and 2014 are raised from November. For 2013, small changes are made to Q4 for the major species, based on slaughter data to date. The forecast for 2014 is raised based on higher expected cattle and hog carcass weights and higher cattle slaughter. Cattle prices for 2013 and 2014 are raised from November as demand for fed cattle remains strong. Hog prices for 2013 are lowered as Q4 prices have been slightly weaker-than-expected. The forecast for 2014 is unchanged. Reference Link
News For HRL;SFD;SAFM;HOGS;TSN From The Last 14 Days
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April 16, 2014
12:16 EDTTSNPost likely to beat out Tyson for Michael Foods, WSJ says
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April 11, 2014
15:44 EDTTSNTyson, Post final contenders to buy Michael Foods, Reuters says
Michael Foods, the egg and dairy products maker that has been put up for sale by Goldman Sachs' (GS) private equity arm, is evaluating binding bids from Tyson (TSN) and Post (POST) and is near a deal to be sold to one of the two for close to $2.5B, according to Reuters, citing people familiar with the matter. Reference Link
April 9, 2014
12:07 EDTHRL, SAFM, TSNU.S. red meat, poultry production forecast lowered
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