Tyson Foods Archives - Page 8 of 8 - Manitoba Co-operator

Tyson misses profit estimates

By Bob Burgdorfer November 20, 2008

A US$91 million operating loss in Tyson Foods’ chicken business caused the U. S. meat giant to miss Wall Street earnings estimates on Nov. 10, sending shares down nine per cent. High feed costs and low meat prices should continue to hurt Tyson’s chicken unit, its second largest behind beef. In a conference call, Tyson’s

Beef cattle, Hogs, News

Cargill sees U. S. meat exports slowing

By Bob Burgdorfer November 6, 2008

“I would say it is slower than normal and it slowed quicker than it had in the past.” The growing global economic crisis is putting the brakes on exports of U. S. beef and pork and it may be early next year before conditions improve, a Cargill meat official told Reuters. “Globally, people’s confidence is

Beef cattle, News, Poultry

U. S. meat shares drop amid talk of slowing exports

November 6, 2008

Shares of leading U. S. meat companies fell sharply Oct. 28 amid increasing talk that the global credit crisis is slowing exports of beef, pork and chicken, analysts said. “That news might be starting to trickle through to the people,” Paul Aho, economist for Poultry Perspective, said of slowing meat exports. Exports of beef, pork,

Beef cattle, Hogs, Livestock, Livestock Markets

JBS beefs up, but still has competition

By Bob Burgdorfer October 30, 2008

Brazilian beef company JBS SA is headed to becoming the No. 2 U. S. beef producer, but there still should be enough competition from other beef companies to limit its ability to set cattle or beef prices. The U. S. Justice Department said Oct. 17 it will allow JBS to buy the beef operations of

Beef cattle, Hogs, News

Tyson to tighten beef, pork COOL labelling

October 23, 2008

U. S. meat company Tyson Foods Inc. said this week it will tighten its country-of-origin labelling (COOL) practices starting early next year to identify more of its beef and pork products as sourced exclusively from the United States. The leading U. S. beef and No. 2 pork producer had initially planned on categorizing its beef

Beef cattle, News

Mexico bans six U. S. meat plants

October 23, 2008

Mexico said Oct. 13 it had banned imports from six U. S. meat-processing plants, just weeks after U. S. Department of Agriculture officials shut down exports from some Mexican meat producers. Mexican sanitary officials from the Agriculture Ministry conducted inspections in the United States and at the end of last week said six plants were

News, Poultry

Poultry processor needs more time

By Bob Burgdorfer October 23, 2008

Chicken producer Pilgrim’s Pride Corp. needs to convince creditors to give it a few more months to shore up its business, after which it could reap the benefits of lower feed costs and higher meat prices, investment and agricultural industry analysts say. Pilgrim’s won a temporary reprieve from its lenders last month on a credit

Beef cattle, Livestock, Livestock Markets

U. S. plants start rejecting Canadian cattle

By Ron Friesen October 16, 2008

“It’s a very significant disruption. – John Masswohl, CCA Canada’s cattle shipments to the United States are plummeting as the new country-of-origin labelling (COOL) rule takes effect. Some U. S. packers are taking a hands-off approach to Canadian cattle as uncertainty reigns over how to handle slaughter animals from another country. The impact became noticeable

Other, Poultry

Credit woes wound Pilgrim’s Pride

October 16, 2008

Pilgrim’s Pride Corp. shares lost as much as 29 per cent on Oct. 6, spurred by new fears over the U. S. chicken producer’s ability to secure credit in a growing financial markets crisis. Pilgrim’s Pride fell far deeper than a broader market sell-off, with the Dow down about six per cent that day on

Daily Network News

U.S. grains: Soybeans continue gains on Trump’s China comments

U.S. livestock: Cattle futures end week higher on tight supply

Pea, lentil outlooks have some positive signals – Penner

Tag Archives Tyson Foods

Tyson misses profit estimates

Cargill sees U. S. meat exports slowing

U. S. meat shares drop amid talk of slowing exports

JBS beefs up, but still has competition

Tyson to tighten beef, pork COOL labelling

Mexico bans six U. S. meat plants

Poultry processor needs more time

U. S. plants start rejecting Canadian cattle

Credit woes wound Pilgrim’s Pride

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