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  • UPDATE 2-Tyson tops Pilgrim's offer to buy Hillshire Thursday, 29 May 2014 | 11:14 AM ET

    May 29- Meat processor Tyson Foods Inc offered to buy Hillshire Brands Co for $6.13 billion, trumping a bid from Pilgrim's Pride Corp, as it looks to expand into the fast-growing market for branded breakfast foods. Tyson offered $50 per share for the maker of Ball Park hotdogs and Jimmy Dean Sausages, $5 more than Pilgrim's bid.

  • UPDATE 1-Tyson offers to buy Hillshire for $6.13 bln Thursday, 29 May 2014 | 9:16 AM ET

    May 29- Tyson Foods Inc, the largest U.S. meat processor, offered to buy Hillshire Brands Co for $6.13 billion to expand into the fast-growing market for breakfast foods. The offer comes two days after Pilgrim's Pride Corp offered to buy Hillshire in an all-cash deal valued at $6.4 billion to expand its protein footprint with Hillshire's sausages and lunch meats.

  • Tyson offers to buy Hillshire in $6.8 bln deal Thursday, 29 May 2014 | 8:45 AM ET

    May 29- Tyson Foods Inc, the largest U.S. meat processor, offered to buy Hillshire Brands Co in a deal valued at $6.8 billion to expand into the breakfast food category. Tyson said it would offer $50 per share, representing a premium of about 11 percent to Hillshire's closing on Wednesday.

  • NEW YORK, May 21- Tyson Foods Inc, the United States' largest meat processor, is buying heavier hogs and expects to scale down production more than usual this summer, as it copes with a drop in pig supplies due to a deadly virus.

  • CHICAGO, May 19- A Michigan meat processing plant has recalled 1.8 million lbs of ground beef for possible contamination with the E.coli bacteria, the U.S. Department of Agriculture's Food Safety and Inspection Service announced on Monday.

  • MEXICO CITY, May 12- Mexico is getting ready to defend its sugar producers in a dispute over allegations of dumping made by U.S. competitors, Economy Minister Ildefonso Guajardo said on Monday.

  • WASHINGTON, May 9- U.S. trade regulators ruled on Friday in favor of investigating allegations that Mexico is dumping cheap sugar in the United States, taking Washington closer to imposing penalties on sweetener imports.

  • WASHINGTON, May 9- U.S. trade regulators ruled on Friday in favor of investigating allegations that Mexico is dumping cheap sugar in the United States, taking Washington closer to imposing penalties on sweetener imports.

  • May 5- Tyson Foods Inc, the largest U.S. meat processor, said its profit more than doubled in the second quarter, mainly due to strong demand for chicken. Net income attributable to Tyson rose to $213 million, or 60 cents per share, in the quarter ended March 29 from $95 million, or 26 cents per share, a year earlier. Revenue rose 7.8 percent to $9.03 billion.

  • WASHINGTON, April 18- The U.S. government launched on Friday a probe into allegations that cheap imports of Mexican sugar are causing nearly $1 billion in damages in the local market, even as the Mexican representatives made a formal rebuttal of the accusations.

  • WASHINGTON, April 18- Mexican sugar imports are no threat to the profitable, "well-heeled" and protected U.S. sugar industry, Mexican producers said on Friday, rebuffing accusations that super-cheap imported sugar risks nearly $1 billion damage to the local industry.

  • WASHINGTON, April 18- Mexican sugar producers pose no threat to the U.S. sugar industry, their lawyer said on Friday, rejecting a charge that Mexican sugar is being dumped in the United States and unfairly benefits from government subsidies.

  • HAVANA, April 16- Cuba's troubled sugar industry has entered the final stretch of this year's harvest, straining to equal last season's output of 1.6 million tonnes of raw sugar as the summer heat and rains begin. Only a handful of Cuba's 13 sugar producing provinces appear in position to meet their plans with all 48 mills that opened still grinding.

  • WASHINGTON, April 11- A trade group representing U.S. food and beverage makers has asked U.S. authorities not to go ahead with a proposed dumping case against the Mexican sugar industry, as a coalition of sugar cane and beet producers recently urged.

  • MADRID, April 9- Some of the owners of the world's top olive oil bottler Deoleo are rethinking plans to sell, sources said, after the Spanish government revealed its interest in buying into what it sees as a nationally strategic company. Deoleo said on Wednesday private equity firm CVC had made the highest offer for the company.

  • PANAMA CITY, April 2- U.S. fructose exports to Mexico may suffer if the United States seeks to slap anti-dumping duties on imports of Mexican sugar and local farmers seek retaliation, Mexican Economy Minister Ildefonso Guajardo said on Wednesday.

  • WASHINGTON, March 28- Several U.S. sugar cane and sugar beet groups on Friday asked the U.S. International Trade Commission to investigate what they called "dumped and subsidized" imports of certain sugar from Mexico, according to a filing with the commission.

  • Judge Cheryle Gering of the Union County Circuit Court ruled on Thursday that Beef Products Inc may pursue most of its case against ABC, a unit of Walt Disney Co, and others including news anchor Diane Sawyer and reporter Jim Avila.

  • Judge Cheryle Gering of the Union County Circuit Court ruled on Thursday that Beef Products Inc may pursue most of its claims against ABC, a unit of Walt Disney Co..

  • The bullish side can point to falling inventories in major exporter Malaysia, rising domestic demand in top producer Indonesia and the threat of lower supply as the likelihood of an El Nino weather event increases this year.