KUALA LUMPUR, March 5- Palm oil futures are set to climb for a second year, driven by crop damaging dry weather and Indonesia's higher biodiesel mandate, although bumper global oilseed supplies and weak demand from key consumers could cap gains.» Read More
Tyson Foods said it expects pork supplies to drop 2-4 percent this fiscal year, raising wholesale prices, as a pig virus spreads.
Jan 31- Tyson Foods Inc, the largest U.S. meat processor, said on Friday it expects pork supplies to drop 2 to 4 percent this fiscal year, raising wholesale prices, as a deadly pig virus spreads through the U.S. hog belt. The U.S. hog herd stood at 65.9 million head as of December 2013, U.S. Department of Agriculture data showed.
*First-quarter earnings/shr $0.72 vs est $0.63. Jan 31- Tyson Foods Inc, the largest U.S. meat processor, reported first-quarter results that beat analysts' expectations, helped by higher chicken and beef sales. Net income attributable to Tyson rose to $254 million, or 72 cents per share, from $173 million, or 49 cents per share, a year earlier.
Jan 31- Tyson Foods Inc, the largest U.S. meat processor, posted a 47 percent rise in first-quarter profit, helped by a rise in sales of chicken and beef. Net income attributable to Tyson rose to $254 million, or 72 cents per share, from $173 million, or 49 cents per share, a year earlier. Revenue rose 5 percent to $8.76 billion in the quarter ended Dec. 28.
CHICAGO, Jan 9- U.S. agribusiness giant Cargill Inc on Thursday reported a 36 percent rise in quarterly profit, supported by a bigger U.S. crop harvest in 2013 that led to lower grain prices and boosted profit margins on meat sales.
CHICAGO, Jan 9- U.S. agribusiness giant Cargill Inc on Thursday reported a 36 percent rise in quarterly profit, supported by a bigger U.S. crop harvest in 2013 that led to lower grain prices and improved meat margins.
MADRID, Dec 23- Mexican frozen food company Sigma and Shuanghui International Holdings of China have signed an agreement to share ownership of Spanish meat processor Campofrio, cooling hopes of a bidding war.
INDORE, India Dec 20- India is likely to import a record 4 million tonnes of refined palm oil in 2013/ 14 as export taxes in key supplier Indonesia make it cheaper than the crude variety, an executive at India's top edible oil buyer said.
MOSCOW, Dec 9- Russia's Uralkali, the world's largest potash producer, is to create a joint venture for potash distribution with Malaysia as it seeks to boost sales in South East Asia, the company said on Monday. Malaysia, along with other countries in South East Asia, is a major market for the crop nutrient due to demand from its palm oil industry.
The settlements end a federal fraud lawsuit begun in February 2008 by the Humane Society of the United States, which had obtained a video that appeared to show inhumane cattle treatment and improper inspections of sick cattle at a Chino, California, plant run by Westland Meat Co. and Hallmark Meat Co..
Nov 18- Tyson Foods Inc reported a better-than-expected rise in quarterly profit, helped by higher chicken sales and a rebound in its beef business. Shares of the largest U.S. meat processor rose 4 percent to $30.00 in premarket trade on Monday. Tyson's chicken sales rose 2.4 percent to $3.16 billion in the fourth quarter ended Sept. 28.
Nov 18- Tyson Foods Inc reported a rise in quarterly profit, helped by higher chicken sales and a rebound in its beef business. The largest U.S. meat processor said on Monday that net income from continuing operations rose to $259 million, or 70 cents per share, from $203 million, or 57 cents per share, a year earlier. Sales rose 7 percent to $8.89 billion.
*Canada's Saputo made A $9 per share offer late Friday. SYDNEY, Nov 18- Saputo Inc's failure to deliver a knockout offer in the three-way battle to take over Australia's oldest dairy company is leaving the door open for a better bid.
SYDNEY, Nov 18- Shares in Warrnambool Cheese and Butter Factory Co hit an all-time high on Monday after the Australian dairy company recommended a fresh A $505 million bid from Canada's Saputo Inc..
*Saputo raised bid by 12.5 pct to A $9/ shr. SYDNEY, Nov 15- Canadian dairy company Saputo Inc raised its takeover offer for Australia's Warrnambool Cheese and Butter Factory Co Holdings Ltd by 12.5 percent on Friday, and Warrnambool's board unanimously recommended it.
SYDNEY, Nov 15- Australian dairy company and takeover target Warrnambool Cheese and Butter Factory Co Holdings Ltd said on Friday it was in talks with Canada's Saputo Inc over a proposed revised offer and requested a trading halt for its shares.
MADRID, Nov 14- Mexican frozen food company Sigma Alimentos has launched a 695 million euro takeover bid for Spanish meat processor Campofrio at a price analysts said could tempt its leading shareholder to sell.
SYDNEY, Nov 14- Bega Cheese Ltd, the biggest shareholder in Warrnambool Cheese and Butter Factory Co Holdings Ltd, raised its cash and share bid for the Australian dairy company on Thursday, re-entering a three-way takeover battle. Bega raised its offer to 1.5 of its shares and A $2 cash for each WCB share, up from its initial September offer of 1.2 shares and A $2 cash.
*USDA does not require such labeling. CHICAGO, Nov 5- Cargill Inc, one of the world's largest beef processors, will begin labeling when its finely textured beef is used in the making of its U.S. ground beef products, the company told Reuters on Tuesday.
*U.S. Labor Department guidance has varied over the years. In a case that could effect unionized workers in poultry processing, meat packing and other sectors, roughly 800 current and former workers at the United States Steel Corp plant in Gary, Indiana, are seeking the extra pay.