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Chickens

(Dave Bedard photo)
Markets

Deal for Subway chain worth up to US$9.55 billion

Arby's, Jimmy John's parent wins with 'earn-out' deal

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New York | Reuters — Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to US$9.55 billion, including debt, subject to targets in its financial performance. The deal marks the conclusion of a drawn-out auction that
(Dave Bedard photo)
Markets

Subway reportedly nears sale to Arby’s owner

Chain's parent firm considering sale since February

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Reuters — Roark Capital, which owns restaurant chains Arby’s and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about US$9.6 billion, the Wall Street Journal reported Monday. A deal could be finalized this week, the report said, citing people familiar with the matter. “Subway does not intend to make any
JBS signage at Greeley, Colorado. (JBS.com.br)
Beef cattle, Livestock, Markets

JBS posts quarterly loss on tight U.S. beef margins

'Greater balance' forecasted for global chicken supply

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Sao Paulo | Reuters — Brazilian meat company JBS SA on Monday reported a second-quarter loss citing the negative effects of an oversupplied global chicken market and tighter margins for its beef business in the U.S., where it gets most of its sales. JBS reported a net loss of 263.6 million reais (C$73.8 million), the
News

Brazilian union sues JBS over alleged exploitation of chicken workers

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Reuters – A Brazilian labour union has accused JBS SA of subjecting dozens of workers to “degrading conditions,” according to a class action suit filed against the world’s biggest meatpacker and its suppliers last week. The union filed the claim on behalf of at least 76 people, including members of the Terena Indigenous community, who
Earlier this year, a new H5N1 strain of bird flu raised fears of a pandemic among humans.
News

Agencies warn of human bird flu risk

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Three United Nations agencies on July 12 warned that an ongoing rise in avian flu outbreaks globally raised concerns that the virus might adapt to infect humans more easily. They urged countries to strengthen disease surveillance and improve hygiene at poultry farms. Earlier this year, a new H5N1 strain of bird flu that is highly
Laying hens in cage-free aviary housing at the Manitoba Egg Farmers Learning and Resource Centre at Glenlea.
News, Poultry

Survey says Canadians want cage-free eggs but purchase choices don’t agree

The Canadian egg-farming sector is about halfway into a transition to enriched cage housing

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Do Canadians want cage-free eggs? Survey says yes. But the data says they’re not voting with their wallets. In a survey of more than 1,000 Canadians, 72 per cent of respondents said Canada’s code of practice should ban caged confinement of laying hens. The survey, released this summer, comes from Bryant Research, a U.K. firm
Tyson Foods rolls back ‘no antibiotics ever’ label
News

Tyson Foods rolls back ‘no antibiotics ever’ label

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Reuters – Tyson Foods is reintroducing certain antibiotics to its chicken supply chain and will drop its “no antibiotics ever” tagline from company-branded chicken products, a spokesperson said July 3. The change will involve drugs that the company said are not important to human health. The antibiotics that Tyson plans to add to some of
Turkeys. (Scott Bauer photo courtesy ARS/USDA)
Livestock

Canada books first month in 19 without bird flu outbreak

Eight commercial poultry farms remain active sites

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June 2023 appears set to be Canada’s first month without a new highly pathogenic avian influenza outbreak in poultry or other domesticated birds since the disease returned to this country in late 2021. Canada has booked 322 outbreaks in domestic birds in the past 19 months, of which 31 were detected so far in 2023.
File photo of chicks on a genetic map of a chicken. (Peggy Greb photo courtesy ARS/USDA)
Livestock

Scientists isolate human gene able to fend off most bird flu viruses

Finding may show which bird flu strains have human pandemic potential

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London | Reuters — U.K. researchers have homed in on a human gene implicated in thwarting most bird flu viruses from infecting people. Bird flu chiefly spreads among wild birds such as ducks and gulls and can also infect farmed birds and domestic poultry such as chickens, turkeys and quails. Although the viruses largely affect
A chicken salad featuring Upside Foods’ cell-cultivated meat. (UpsideFoods.com)
Livestock

U.S. regulator allows first sales of lab-grown meat

Products to go first to high-end restaurants

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Washington | Reuters — Two companies, Upside Foods and Good Meat, said on Wednesday they have received final U.S. Department of Agriculture approval to sell lab-grown meat, paving the way for the nation’s first-ever sales of the product. With the approvals, the U.S. will become the second country after Singapore to allow the sale of

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