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  • May 5- Kellogg Co, the world's largest maker of breakfast cereals, reported better-than-expected quarterly profit and sales as demand rose in Latin America. The maker of Corn Flakes and Rice Krispies said on Tuesday that sales in Latin America rose 6 percent to $295 million in the first quarter ended April 4. The company's sales rose across product lines in Asia...

  • ADM 1Q profit rises on agriculture, oilseeds gains Tuesday, 5 May 2015 | 7:12 AM ET

    DECATUR, Ill.— Archer Daniels Midland Co. said Tuesday its net income climbed in the first quarter on better results from its agricultural services and oilseeds businesses and the flavors business it bought in 2014.. Archer Daniels Midland processes corn and wheat and makes agricultural products like vegetable oil, ethanol and ingredients used in packaged...

  • CHICAGO, May 5- The largest-ever U.S. outbreak of avian influenza, which has devastated Midwestern poultry and egg producers in recent weeks, could be felt at Thanksgiving tables across the nation come November, farmers and some trade groups say. The virulent H5N2 strain has already spread to 14 states and led to the deaths or scheduled euthanizations of more...

  • May 4- Sysco Corp reported a lower-than-expected quarterly profit, hurt by higher costs and a strong dollar, a day before hearing begins on the Federal Trade Commission's motion to block the company's acquisition of rival US Foods Inc.. Sysco, the no. 1 U.S. food distributor, said on Monday that higher prices of meat, dairy and poultry products, expenses related to...

  • May 4- Tyson Food Inc, the biggest U.S. meat processor, posted a better-than-expected quarterly profit, helped by its acquisition of Jimmy Dean sausage maker Hillshire Brands Co last year. Tyson, which bought Hillshire to expand its prepared foods business, said it expects to achieve more than $250 million in savings this year, up from the more than $225 million it...

  • Sysco's profit falls as meat, poultry costs rise Monday, 4 May 2015 | 8:14 AM ET

    May 4- Sysco Corp, the no. 1 U.S. food distributor, reported a 2 percent fall in quarterly profit, hurt by a rise in meat and poultry prices, a strong dollar and higher expenses. Sysco, whose proposed $3.5 billion deal to buy smaller rival US Foods Inc is facing opposition from the Federal Trade Commission, said net income fell to $177 million, or 30 cents per share, in the...

  • Sysco misses Street 3Q forecasts Monday, 4 May 2015 | 8:07 AM ET

    HOUSTON _ Sysco Corp. on Monday reported fiscal third-quarter net income of $177 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Sysco shares have declined slightly more than 6 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more...

  • May 4- Tyson Foods Inc, the biggest U.S. meat processor, reported a 10.5 percent rise in quarterly sales, helped by the acquisition of Jimmy Dean sausage maker Hillshire Brands Co.. Net income attributable to Tyson Foods rose to $310 million, or 75 cents per share, in the second quarter ended March 28, from $213 million, or 60 cents per share, a year earlier.

  • Tyson Foods 2Q profit beats analysts' expectations Monday, 4 May 2015 | 7:36 AM ET

    SPRINGDALE, Ark.— Tyson Foods got strong performances from its chicken and prepared foods divisions, topping Wall Street expectations for the second quarter Monday. The per-share earnings were 2 cents better than expected by analysts surveyed by Zacks Investment Research. Tyson Foods Inc. still expects full-year earnings in the range of $3.30 to $3.40 per...

  • Working for Buffett is like 'marriage': BNSF chief Saturday, 2 May 2015 | 11:04 AM ET
    Matthew 'Matt' Rose, chairman and chief executive officer of Burlington Northern Santa Fe LLC (BNSF).

    BNSF is currently the largest entity in Berkshire Hathaway's portfolio. Is there a lot of pressure when you report to Warren Buffett?

  • OMAHA, Neb.— Berkshire Hathaway shareholders always celebrate Warren Buffett at the annual meeting, but amid the praise Saturday, investors also questioned a couple of the conglomerate's recent business moves. Buffett marked 50 years of leading Berkshire Saturday by spending hours answering questions alongside Vice Chairman Charlie Munger before an...

  • DES MOINES, Iowa— A state of emergency was declared Friday by Iowa Gov. Terry Branstad with nearly 17 million chickens and turkeys dead, dying or scheduled to be euthanized due to a widening bird flu outbreak. Iowa is the nation's leading egg producer, providing one of every five eggs consumed in the country.

  • CHICAGO, May 1- Hog farmers are six times more likely than the general population to carry an infectious bacteria that can cause skin and respiratory problems and resists treatment from multiple drugs, according to a new U.S. research study. The study, published this week in the online journal Clinical Infectious Diseases, is the largest-ever examination of...

  • CHICAGO, April 30- The highly pathogenic H5 avian flu turned up in initial tests at five more farms in Iowa, including a commercial egg operation housing up to 5.5 million birds, Iowa's agriculture department said on Thursday. The egg farm's owner, Rembrandt Foods, one of the top U.S. egg producers, confirmed the outbreak but disputed the number of birds affected.

  • NEW YORK— Labor organizers are opening a new front in their campaign for a $15- an-hour wage for fast-food workers with a push to mobilize an unusual ally: franchisees. The International Franchise Association, which represents franchisors like McDonald's, Subway and Wendy's, said in a statement that franchisees indicate "incredibly high satisfaction rates."

  • April 30- Maple Leaf Foods reported a profit on an adjusted basis after six quarters due to lower operating costs as the Canadian meat processor worked through its plan to upgrade its plants. As part of its plan to focus on its meat operations, Maple Leaf, sold its bakery business, Canada Bread Co, to Mexico's Grupo Bimbo last year. Net loss from continuing operations...

  • Bunge beats 1Q profit forecasts Thursday, 30 Apr 2015 | 8:22 AM ET

    WHITE PLAINS, N.Y. _ Bunge Ltd. on Thursday reported first-quarter net income of $263 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share. Three analysts surveyed by Zacks expected $12.35 billion.

  • Maple Leaf Foods reports adjusted profit Thursday, 30 Apr 2015 | 7:54 AM ET

    April 30- Maple Leaf Foods reported a quarterly profit on an adjusted basis due to lower operating costs as the Canadian meat processor worked through a plan to replace older meat plants. Net loss from continuing operations narrowed to C $2.8 million, or 2 Canadian cents per share, in the first quarter ended March 31, from C $124.6 million, or 89 Canadian cents per...

  • Pilgrim's Pride posts 1Q profit Wednesday, 29 Apr 2015 | 6:51 PM ET

    GREELEY, Colo. _ Pilgrim's Pride Corp. on Wednesday reported first-quarter earnings of $204.2 million. Pilgrim's Pride shares have fallen 27 percent since the beginning of the year. Keywords: Pilgrim's Pride, Earnings Report.

  • *Vegetarian sausages prove popular in Berlin. BERLIN, April 29- Germans, known for their love of sausages, are eating less meat and more vegetarian food as concerns grow about health, animal welfare and the environmental cost of livestock farming. Meat consumption is stable or declining in most developed countries but the shift is particularly striking in...