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Stock Market & Financial Investment News

News Breaks
February 25, 2013
05:55 EDTPPCPilgrim's Pride of Mexico takes steps to protect breeder supply in Mexico
Pilgrim's Pride has identified an increased mortality rate of the breeder flock at the company's complex located in the state of Guanajuato in central Mexico. Management is working closely with regulatory authorities to perform blood tests to check for whether H7N3 virus is present, but has already instituted preventative precautions. The identified complex has been isolated with additional biosecurity measures implemented. These measures include seeking and receiving authorization to vaccinate both breeders and grandparent stock in unaffected areas. The Guanajuato complex is responsible for a small amount of Pilgrim's Mexican hatching eggs. The majority of Pilgrim's hatching operations are strategically located in other states throughout Mexico.
News For PPC From The Last 14 Days
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April 22, 2015
07:28 EDTPPCMexico halts imports of poultry products from Iowa due to bird flu, Reuters says
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April 21, 2015
08:33 EDTPPCBird 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
April 13, 2015
12:04 EDTPPCUSDA confirms first commercial chicken case of bird flu, Reuters says
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