poultry

KKR & Co. Inc. (NYSE:KKR) has struck a deal on Wednesday to acquire ProTen Pty Limited, a major player in Australia’s poultry farming infrastructure, from Aware Super, a leading Australian pension fund. The agreement marks a strategic move by KKR to further expand its investments in the...

Tyson Foods Inc. (NYSE: TSN) shares were trading flat Monday after BofA Securities lowered its view on the U.S. protein processor's credit.  BofA analyst Brian Callen downgraded Tyson Foods’ cash bonds to Marketweight and its CDS to neutral. The Tyson Foods Thesis: After...

The bullish case for Tyson Foods, Inc. (NYSE: TSN), Pilgrim's Pride Corporation (NASDAQ: PPC), and Sanderson Farms, Inc. (NASDAQ: SAFM) is based on improving fundamentals in the food category, according to Stephens. The Tyson, Pilgrim's, and Sanderson Analyst: Ben Bienvenu upgraded: Tyson...

Food company Tyson Foods, Inc. (NYSE: TSN) said Wednesday that it fired seven plant management employees after an independent investigation found evidence of a COVID-19 betting pool. What Happened: Tyson supervisors and managers at a pork processing plant in Waterloo, Iowa were betting on how many...

Chicken processor Pilgrim's Pride Corporation (NASDAQ: PPC) will pay $110.5 million to the U.S. Justice Department and acknowledge wrongdoing as part of a price-fixing investigation, The Wall Street Journal reported. What Happened: Pilgrim will be the first chicken processor to acknowledge in...

The Chinese customs agency is said to have halted imports from the Tyson Foods Inc (NYSE: TSN) poultry plant in Springdale, Arkansas, after hundreds of workers of the company tested positive for COVID-19. What Happened The Associated Press reports that 481 employees tested positive for...

Global food company Pilgrim's Pride Corporation (NASDAQ: PPC) announced over the weekend that its president and CEO Jayson Penn will temporarily step down to focus on a legal battle. What Happened: Penn and a handful of other executives in the chicken industry were charged with allegedly...

The Chinese government on Nov. 14 agreed to lift a five-year ban imposed on U.S. poultry imports. China imposed the ban on U.S. poultry imports in January 2015 after an avian flu outbreak in December 2014 but kept the import prohibition in place although the U.S. has been declared free of the...

Thanksgiving is almost here and the cost to host your loved ones for a holiday meal will cost less than $5 per person. What You Need To Know Consumers on average will spend $49.12 for a turkey and all the sides this holiday season, the American Farm Bureau Federation said in a report. By...

Imagine meat that comes not from a livestock farm or brutal poultry factory, but is genetically engineered to grow in a laboratory without actually killing animals. It sounds far-fetched, but Cargill Inc (the biggest privately held company in the country) is joining Microsoft Corporation (NASDAQ:...

Investors of Tyson Foods, Inc. (NYSE: TSN) have got a lot on their plate with the company’s below par earnings, weak FY 2017 guidance and CEO Donnie Smith stepping down in a mere 40 days. Quarter, In Review Following are the key highlights from Tyson’s quarterly results: Tyson Foods...

Tyson Foods, Inc. (NYSE: TSN) shares are plummeting 13.8 percent on Monday following disappointing Q4 earnings guidance from the company and the surprise departure of CEO Donnie Smith. The downward revision to guidance is particularly surprising considering that Tyson had previously raised its 2016...

Tyson Foods, Inc. (NYSE: TSN) shares have resumed the selloff it witnessed last Thursday in reaction to a Washington Post report that dwelt upon a Georgia Department of Agriculture memo. Reactionary Drops In reaction to the revelation, shares of major meat companies fell last Thursday: Pilgrim's...

Poultry producers' shares fell Tuesday after federal farming officials confirmed avian influenza in a commercial turkey flock in Boone County, Arkansas. Tyson Foods, Inc. (NYSE: TSN) fell more than 4 percent to $37.92, while Sanderson Farms, Inc. (NASDAQ: SAFM) traded down about 5.5 percent...

The headlines have been scary, especially for the carnivores among us -- beef prices are at their highest level in decades and the overall U.S. cattle herd at its smallest since 1951. But industry experts say there's more to those numbers than meets the media's eye. Lance Zimmerman, an analyst...