Mole Valley Farmers
Farminguk
26 August 2016 | Online since 2003
Less co2 Limited


1 May 2009 00:35:03 |News

United States-Tyson pig farms.




UNITED STATES-TYSONS PIG FARMS.
Local pork farms owned by Springdale-based Tyson Foods Inc. are under closer scrutiny following the swine flu outbreak that originated in Mexico and has spread to the United States in recent days.
Tyson does not operate any pork processing facilities in the affected areas, but the company said its subsidiary’s hog farms in eastern Oklahoma, Northwest Arkansas and parts of Missouri are tightening biosecurity protocols to protect hogs from the virus.
Shares of Tyson Foods fell 9 percent Monday, closing at $9.96. Analysts predict pork sales will likely suffer because China and Russia have already banned imports from affected states, and Mexico is the largest buyer of U.S. pork.
None of Tyson Foods’ six pork export plants have been delisted regarding the flu outbreak, the company confirmed. Tyson operates pork plants in Iowa, Indiana and Nebraska.
"Governments often impose trade bans on sentiment rather than science," said Farha Aslam, food analyst with Stephens Inc. She pointed to the mad cow scare, and its lingering impact on the U.S. beef industry since 2003.
The federal Centers for Disease Control and Prevention said people cannot get the hybrid influenza from eating pork or pork products.
"Our pork products are safe," said Gary Mickelson, Tyson spokesman.
He sighted a statement from the CDC Web site that indicates the virus is contagious and believed to be spreading from human to human. None of the 40 U.S. cases of swine flu resulted from contact with pigs and so far no pigs in the U.S. appear to be sick with the virus, the centers noted.
That said, economists say the scare in Mexico alone could alter consumer eating habits which in turn could cost Tyson Foods and other U.S. pork processors in future sales revenue.
Aslam said Tyson’s exposure to pork is about 14 percent of its total sales and is more limited versus its exposure to beef and chicken.
Tyson Pork Exports
In 2008, Tyson’s pork exports to Mexico totaled $202.7 million. China purchased $68 million in pork, while Russia spent $45 million.


Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


Ireland | 25 August 2016
EU worry at lack of GM food testing in Ireland

Inspectors from the European Commission’s Directorate General for Health and Food Safety said the lack of laboratory capacity at the Public Analyst’s Laboratory (PAL), which is located in St Finbarr’s...


France | 25 August 2016
French farmers may face more pain as dry weather hits crops

French farmers can’t seem to catch a break from the weather. After deluges earlier this year decimated wheat crops, now not enough rain is threatening their corn. Many fields in the European Union’...


France | 25 August 2016
French farmers protest over low milk prices outside major milk processor

Some 400 French dairy farmers have blockaded the roads around Lactalis, the milk processor based in Laval, France, this week in protest against low milk prices. The farmers have taken over the roun...


USA | 25 August 2016
The next agriculture revolution is under our feet

At the core of agriculture is innovation. Advancements in agricultural technology throughout the past century have allowed farmers to feed a population that has grown from less than 2 billion people t...


Australia | 25 August 2016
Dairy industry goes under spotlight as Barnaby Joyce signals end to $1 milk

Scott Morrison has asked the Australian Competition and Consumer Commission to investigate the national dairy industry as the agriculture minister, Barnaby Joyce, emerged from a dairy crisis meeting d...



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

The British public are overwhelmingly in favour of keeping or strengthening...


FarmingUK
FarmingUK Logo

FarmingUK

The sustained recovery of pig prices since the spring has come at a time wh...


FarmingUK
FarmingUK Logo

FarmingUK

A World Trade Organisation (WTO) panel has declared the Russian import ban ...


FarmingUK
FarmingUK Logo

FarmingUK

A new study has linked oilseed rape crops grown from neonicotinoid-treated ...


FarmingUK
FarmingUK Logo

FarmingUK

Philip Hammond is to guarantee billions of pounds of UK government investme...


FarmingUK
FarmingUK Logo

FarmingUK

Access to the foreign labour market is 'critical', according the chief exec...


FarmingUK
FarmingUK Logo

FarmingUK

The Tenant Farmers Association has said the National Trust's vision for a p...


FarmingUK
FarmingUK Logo

FarmingUK

Ulster farmers will 'not lie down and wave the white flag' when Brexit nego...


FarmingUK
FarmingUK Logo

FarmingUK

The cost of rural crime to the UK economy costs £42.5 million a year, accor...


FarmingUK
FarmingUK Logo

FarmingUK

A young farmers club member from Oxfordshire has created a petition on the ...


closeicon
Username
Password