New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 11, 2012
08:43 EDTSAFM, TSN, SFD, HRL, HOGSUSDA raises price forecasts for beef, pork and chicken
In its latest monthly World Agricultural Supply and Demand Estimates report, the USDA raised its price forecasts for beef, pork and chicken. In the case of cattle prices, the USDA cited strong demand through the end of this year and into 2013 for the increased price view. Broiler prices were also raised for both 2012 and 2013 based on firm demand. Hog price forecasts for both 2012 and 2013 were raised as lower forecast production is expected to support prices, the USDA said. Reference Link
News For TSN;HOGS;SFD;SAFM;HRL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 28, 2015
07:07 EDTTSNTyson Foods to eliminate human antibiotics from broiler chicken flocks by 2017
Subscribe for More Information
06:10 EDTTSNTyson Foods to largely eliminate antibiotics from chicken by mid-2017, WSJ says
Subscribe for More Information
April 27, 2015
15:42 EDTTSN, SAFM, HRLIowa Department of Agriculture reports four more cases of probable bird flu
Subscribe for More Information
April 24, 2015
10:33 EDTSAFMFollow-up: Sanderson Farms downgraded at Cleveland Research
Subscribe for More Information
09:33 EDTSAFMSanderson Farms downgraded to Neutral from Buy at Cleveland Research
Subscribe for More Information
April 22, 2015
07:28 EDTSAFM, HRL, TSNMexico halts imports of poultry products from Iowa due to bird flu, Reuters says
Subscribe for More Information
April 21, 2015
08:33 EDTSAFM, TSN, HRLBird 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 20, 2015
17:02 EDTHRLHormel Foods backs FY15 adjusted EPS view of $2.50-$2.60, consensus $2.60
17:01 EDTHRLHormel Foods discusses impact of recent avian influenza outbreaks
Hormel Foods provided additional information regarding the anticipated impact of recent avian influenza outbreaks on its Jennie-O Turkey Store segment. Highly pathogenic H5N2 avian influenza, or HPAI, has been detected at multiple turkey farms that supply Jennie-O Turkey Store, resulting in the loss of affected flocks and temporary quarantine of farms in the area until a full cleaning process is completed. Lower turkey supply is expected to impact plant operations and cause reduced sales volumes as the year progresses. Jennie-O Turkey Store is managing the occurrences in full cooperation with the USDA Animal and Plant Health Inspection Service and state agency officials, and is collaborating closely with industry associations and other poultry companies in the region to ensure food safety and employee safety. All flocks are tested for influenza prior to processing. No birds diagnosed with HPAI are allowed to enter the food chain.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use