The Daily Feed Newsletter
Your Source for Animal Protein Industry News Top Stories for July 18, 2024 🐔 Pilgrim’s Pride News Should Value Investors Buy Pilgrim’s Pride (PPC) Stock? According to Yahoo Finance, Pilgrim’s…
Tyson Foods CFO Pleads Not Guilty After Drunken-Driving Arrest
John R. Tyson, CFO of Tyson Foods, pleads not guilty to DWI and careless driving charges after his June arrest, leading to his immediate suspension.
Smithfield Foods US/Mexico Spin Off, IPO Plan & Plant Closure Details
WH Group proposes a spin-off of Smithfield Foods’ US and Mexico operations, aiming for an IPO on NYSE or NASDAQ. This strategic move seeks to enhance financial flexibility and operational…
The Daily Feed Newsletter
Animal Protein Company News Pilgrim’s Pride Analysts predict a decline in earnings for Pilgrim’s Pride due to missing key ingredients for an earnings beat. Meanwhile, Norden Group LLC has purchased…
Pilgrim Europe Plans Leave Jobs at Risk
Introduction One of Cornwall’s largest employers, Pilgrim’s Europe, has announced a series of proposed operational changes that could potentially result in the loss of around 160 jobs at its two…
The Daily Feed
Discover the latest in the animal protein market: US beef export highs, new avian influenza testing, innovative vaccines, major industry acquisitions, and more. Stay informed with the most crucial updates…
Tyson Foods Sells Poultry Complex to House of Raeford Farms
Tyson Foods sells Georgia poultry complex to House of Raeford Farms, streamlining operations amidst market challenges in the meatpacking industry.
The Daily Feed
Nutreco plans to acquire AECI Animal Health to strengthen its African market presence, while Purdue University innovates antibiotic-free treatments for poultry. Explore how the pork industry responds to avian flu,…
Weekly Protein Report
China’s Beef Prices Plunge Chinese wholesale beef prices have dropped 18% from last year’s peak to around 62 yuan ($8.53) per kilogram. This decline is due to an oversupply as…
Why BRF’s A Robust Investment in Brazil’s Poultry Powerhouse
Introduction Brazil is a global agribusiness powerhouse, with BRF S.A. (NYSE) holding a prominent position in the poultry market. As costs decrease and margins improve, BRF presents an attractive investment…