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Tom Polansek

Reuters

Tom Polansek reports on agriculture and ag commodities for Reuters from Chicago.


Stories by Tom Polansek

(TysonFoods.com)
Markets, News

Tyson Foods shares sink on worries over consumer demand, third quarter

By Granth Vanaik, Tom Polansek May 6, 2024
Reuters – Tyson Foods TSN.N shares were on track for their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming results. The Arkansas-based meatpacker reported second-quarter sales that fell short of analysts’ estimates, though profits

The USDA is still performing two other safety studies on beef related to H5N1 but says meat supplies are safe.  Photo: File
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: CME cattle stabilize after bird flu roils markets

By Tom Polansek May 3, 2024
Chicago | Reuters – Chicago Mercantile Exchange cattle futures stabilized on Friday after U.S. testing of ground beef samples for H5N1 bird flu fuelled wild swings, but markets still closed lower for the week. Live cattle and feeder cattle futures had rallied on Thursday after the U.S. Department of Agriculture said the samples from retail


(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle futures jump after US ground beef tests negative for bird flu

By Tom Polansek May 2, 2024
Chicago Mercantile Exchange cattle futures rallied on Thursday after the U.S. government said retail samples of ground beef tested negative for the bird flu virus.

(Sierrarat/iStock/Getty Images)
Markets

U.S. livestock: Bird-flu testing of US ground beef sinks CME cattle futures

By Reuters, Tom Polansek May 1, 2024
Chicago Mercantile Exchange cattle futures took a dive on Wednesday on concerns that U.S. government tests of ground beef for the bird flu virus will harm consumer demand.


Photo: Noel Hendrickson/iStock/Getty Images
News

Bird flu testing shows more dairy products are safe, US FDA says

By Julie Steenhuysen, Reuters, Tom Polansek May 1, 2024
The U.S. Food and Drug Administration said on Wednesday that preliminary results of additional testing of more dairy products has shown that pasteurization inactivates the bird flu virus.

File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)
Markets

U.S. livestock: Cattle sink as bird-flu beef tests fuel demand fears

By Reuters, Tom Polansek April 30, 2024
Chicago Mercantile Exchange cattle futures tumbled on Tuesday as traders worried consumers will buy less meat, a day after the U.S. government said it will verify the safety of ground beef in states that have bird-flu infections in dairy cows.


File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Markets

U.S. livestock: Cattle futures slump as US requires bird flu tests for dairy cattle

By P.J. Huffstutter, Reuters, Tom Polansek April 24, 2024
Chicago Mercantile Exchange (CME) cattle futures fell sharply on Wednesday after the U.S. government announced plans to expand testing of dairy cows for avian influenza - even though the virus has not been identified in beef cattle herds, market analysts said.

Photos: Deimagine/Getty Images
Livestock, News

US requires bird flu tests for dairy cattle moving between states

Cattle without symptoms have tested positive; Meat Institute calls for safety checks on beef

By Tom Polansek April 24, 2024
The U.S. government will require dairy cattle moving between states to be tested for bird flu starting on Monday, Agriculture Secretary Tom Vilsack said on Wednesday, as federal officials ramp up their response to an outbreak in herds.


(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Live cattle extend recovery

By GFM Network News, Reuters, Tom Polansek April 16, 2024
Chicago Mercantile Exchange live cattle futures closed higher for a second consecutive session on Tuesday as the market extended a recovery from oversold conditions, analysts said.

(Photo courtesy Canada Beef Inc.)
Markets

U.S. livestock: Cattle futures sink to multi-month lows

By GFM Network News, Reuters, Tom Polansek April 12, 2024
Technical selling, fund liquidation and demand concerns drove Chicago Mercantile Exchange cattle futures to multi-month lows on Friday, analysts said.


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