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Stock Market & Financial Investment News

News For HRL;UN From The Last 14 Days
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April 27, 2015
15:42 EDTHRLIowa Department of Agriculture reports four more cases of probable bird flu
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April 22, 2015
07:28 EDTHRLMexico halts imports of poultry products from Iowa due to bird flu, Reuters says
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April 21, 2015
08:33 EDTHRLBird flu outbreak spreads to large Iowa chicken farm, WSJ reports
An Iowa farm with about 5.3M chickens in Osceola County is the latest, and largest, chicken flock to be affected by an ongoing outbreak of avian influenza, or bird flu, reported The Wall Street Journal. The addition of this large flock brings the total number of chickens and turkeys affected by avian influenza to nearly 8M, the report noted. Last night, Hormel Foods (HRL) provided additional information regarding the anticipated impact of recent avian influenza outbreaks on its Jennie-O Turkey Store segment, stating that lower turkey supply is expected to impact plant operations and cause reduced sales volumes as the year progresses. Other publicly traded companies in the meat production space include Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link

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