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News Breaks
April 9, 2014
12:07 EDTHRL, PPC, SAFM, TSNU.S. red meat, poultry production forecast lowered
According to the latest WASDE report from the USDA, the 2014 forecast of total red meat and poultry production is lowered from last month as higher beef production is more than offset by lower pork, broiler, and turkey production. Publicly traded companies in the space include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
News For TSN;PPC;HRL;SAFM From The Last 14 Days
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October 1, 2015
07:30 EDTHRLHormel Foods management to meet with Deutsche Bank
Meeting to be held in Kansas City, MO on October 1 hosted by Deutsche Bank.
September 30, 2015
07:44 EDTPPC, SAFM, TSNTyson Foods valuation multiples 'remain compressed,' says JPMorgan
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September 25, 2015
05:12 EDTSAFMSanderson Farms recalls 551,090 pounds of chicken products
Sanderson Farms announced that it is voluntarily recalling 551,090 pounds of chicken products produced at its plant in Hazlehurst, Mississippi. A sample of the products analyzed by a customer of the company and the USDA was found to contain foreign material. As a precautionary measure, the company has voluntarily recalled approximately 551,090 pounds of product. None of the products that are the subject of this recall were shipped to grocery stores or packed directly for consumers. The product included ice packed chicken products sold to three customers who use the products for additional processing into further processed chicken products. The company has identified all of the products and notified its customers to place the products on hold, return them to the company and further execute the recall of these products. The products involved in the recall were produced at the Hazlehurst, Mississippi, plant on September 17 and 18, 2015. The company is aware of no injuries or adverse reaction caused as a result of consuming this product.

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