U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares three per cent.
Tyson lifts 2025 sales forecast, prepares for tariff impacts
Strong demand for beef and chicken
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group 0288.HK.
US turkey producers should ramp up bird flu testing, USDA says
U.S. poultry producers should ramp up testing and monitoring of turkeys for bird flu before they are slaughtered to ensure the virus stays out of the food supply, the U.S. Department of Agriculture said on Friday.
US chicken, pork plant workers face higher health risks, USDA studies confirm
Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday.
U.S. livestock: CME lean hogs end flat, demand for US pork underpins prices
Chicago Mercantile Exchange lean hog futures finished flat on Tuesday as strong demand for U.S. pork underpinned the market a day after federal data showed the nation's herd was slightly bigger than expected, analysts said.
U.S. grains: Soy futures extend recovery from four-year low hit last week
Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.
USDA does not expect to resume Mexico cattle imports before holidays, chief veterinary officer says
The U.S. Department of Agriculture late on Friday walked back comments that it could resume imports of Mexican cattle before year-end holidays, after it suspended shipments last month due to the discovery of New World screwworm in Mexico.
USDA approves funds to fight screwworm, may resume Mexico cattle imports this year
The Biden administration approved a second round of emergency funding to block New World screwworm from entering the U.S. on Friday, a U.S. Department of Agriculture undersecretary told Reuters, after Washington suspended cattle imports from Mexico over the pest.
Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.
U.S. livestock: Feeder cattle hit highest levels since July
Supply concerns and follow-through buying pushed Chicago Mercantile Exchange feeder cattle futures to their highest level since July on Friday after Washington said it may continue blocking imports of Mexican cattle until next year.
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