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News Breaks | | | | November 9, 2012 | | 08:50 EDT |  | SAFM, SFD, TSN, HOGS, HRL | USDA raises forecast for 2012 red meat, poultry production, lowers 2013 view
In its monthly World Agricultural Supply & Demand Estimates report for November, the USDA said its forecast for 2012 red meat and poultry production was raised from last month as higher broiler and turkey production more than offsets lower red meat production. The USDA did lower its forecast for 2013 red meat and poultry production from last month, largely reflecting lower beef and pork production, though it sees broiler production up slightly from its prior view. Its view of cattle prices were raised for both 2012 and 2013, reflecting tight supplies of fed cattle, and broiler prices were raised for both 2012 and 2013 as well, with the USDA citing stronger than expected demand. Reference Link | |
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News For SFD;HRL;TSN;SAFM;HOGS From The Last 14 Days Check below for free stories on SFD;HRL;TSN;SAFM;HOGS the last two weeks. |
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| May 23, 2013 | | 06:33 EDT |  | HRL | Hormel Foods backs 2013 EPS view $1.93-$2.03, consensus $2.00
| | | 06:32 EDT | | HRL | Hormel Foods reports Q2 EPS 46c, consensus 49c
 Subscribe for More Information | | | May 22, 2013 | | 15:25 EDT | | HRL | Notable companies reporting before tomorrow's open
Subscribe for More Information | | | 14:10 EDT |  | HRL | Hormel volatility flat into Q2 and outlook
Hormel June call option implied volatility is at 19, July is at 21, September is at 20; compared to its 26-week average of 20 according to Track Data, suggesting non-directional price movement into the expected release of Q2 results on May 23. | | | May 15, 2013 | | 10:13 EDT |  | SFD | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 06:25 EDT | | SFD | Smithfield Foods downgraded to Hold from Buy at BB&T
BB&T downgraded Smithfield Foods due to valuation. | | | May 14, 2013 | | 07:15 EDT |  | TSN | BMO Capital to host a conference
Subscribe for More Information | | | May 10, 2013 | | 12:11 EDT |  | SFD, HRL, TSN, SAFM, HOGS | U.S. red meat, poultry production seen higher than year ago
Subscribe for More Information | | | May 9, 2013 | | 16:10 EDT | | HOGS | Zhongpin reports Q1 EPS 28c, one estimate 33c
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