ESS-Feed
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ESS-Feed is the leading source of global protein supply chain industry news, spanning its production, processing, trading, distribution, retail, and consumption. Covering poultry, meat, seafood, dairy, and plant-based sectors and providing real-time information on companies and market trends.
ESS-Feed
1h ago
Overview of WH Group’s Financial Health
WH Group Ltd., a leading Chinese pork producer, has demonstrated a remarkable financial turnaround in its recent quarterly results. The company reported a significant 73% increase in profit, amounting to $301 million for the first quarter of the year, despite a decrease in quarterly revenue by 8.3%.
Sector Challenges and Strategic Adjustments
The pork industry has faced lower prices due to oversupply, particularly affecting profits. Despite these challenges, WH Group has successfully adapted its strategy. The group’s mainstay businesses, pig breeding, sl ..read more
ESS-Feed
1h ago
Transitioning Troubles: Former Tyson Chicken Farmers Switch to Egg Production Amid Challenges Introduction: The Shift in Poultry Farming
In response to Tyson Foods’ decision to close several chicken processing plants, numerous U.S. farmers previously supplying chickens for slaughter are now pivoting to egg production. This shift, however, comes with significant financial and operational challenges.
The Closure Impact
Tyson Foods, a major player in the poultry industry, shuttered six plants as part of a strategic move to bolster profitability in its chicken segment after a miscalculation in con ..read more
ESS-Feed
1h ago
Pilgrim’s Pride Corp.: Surpassing Expectations with Strategic Adaptations Introduction to Pilgrim’s Pride Performance
Pilgrim’s Pride Corp., a prominent name in the poultry industry and one of the largest producers globally, has recently reported impressive earnings that exceeded market expectations. This surge is largely attributed to decreasing grain costs and a growing demand for chicken within the U.S. market.
Earnings Overview
In the first quarter ending March 31, Pilgrim’s Pride, which is under the control of the Brazilian conglomerate JBS SA, announced adjusted earnings of 77 cents per ..read more
ESS-Feed
2d ago
The Batista Brothers’ Controversial Return to JBS S.A.’s Board Introduction: The Batista Family and JBS S.A. Overview
JBS S.A., a giant in the global meat industry, has been pivotal in shaping the sector since its inception in 1953 in Anápolis, Goiás, Brazil. With a massive operational footprint that includes 500 industrial plants across 24 countries, JBS serves markets in 180 nations. The Batista family, central to JBS’s narrative, has influenced its growth trajectory significantly, especially under the stewardship of brothers Wesley and Joesley Batista. Recently, these brothers have made hea ..read more
ESS-Feed
2d ago
Toxic Impact: Tyson Foods’ Pollutant Discharge into US Waterways Unveiling the Environmental Burden
An investigative report has brought to light the severe environmental repercussions from Tyson Foods’ operations, revealing that the company has released millions of pounds of harmful pollutants into American rivers and lakes over the past five years. This discharge includes a mixture of nitrogen, phosphorus, chloride, oil, and cyanide, summing up to a staggering 371 million pounds from 41 of its facilities.
Scale of Pollution
The pollution stems from 87 billion gallons of wastewater that Tyson ..read more
ESS-Feed
2d ago
BRF S.A. Emerges as a Prominent Stock in Recent Market Activity A Surprising Surge
BRF S.A. (BRFS), a key player in the Latin American food processing industry, has recently made a significant leap in the stock market, reflecting a potential hidden gem among investment opportunities. On a particular Monday, BRF S.A. saw its shares increase by nearly 9%, a remarkable feat especially considering its classification as a penny stock. According to Barchart.com’s “Top 100 Stocks to Buy,” BRF S.A. jumped from the 91st to the 35th position—a monumental shift of 56 ranks in just one day.
Market Opinion ..read more
ESS-Feed
2d ago
The Batista Brothers’ Controversial Return to JBS S.A.’s Board Introduction: The Batista Family and JBS S.A. Overview
JBS S.A., a giant in the global meat industry, has been pivotal in shaping the sector since its inception in 1953 in Anápolis, Goiás, Brazil. With a massive operational footprint that includes 500 industrial plants across 24 countries, JBS serves markets in 180 nations. The Batista family, central to JBS’s narrative, has influenced its growth trajectory significantly, especially under the stewardship of brothers Wesley and Joesley Batista. Recently, these brothers have made hea ..read more
ESS-Feed
2d ago
Toxic Impact: Tyson Foods’ Pollutant Discharge into US Waterways Unveiling the Environmental Burden
An investigative report has brought to light the severe environmental repercussions from Tyson Foods’ operations, revealing that the company has released millions of pounds of harmful pollutants into American rivers and lakes over the past five years. This discharge includes a mixture of nitrogen, phosphorus, chloride, oil, and cyanide, summing up to a staggering 371 million pounds from 41 of its facilities.
Scale of Pollution
The pollution stems from 87 billion gallons of wastewater that Tyson ..read more
ESS-Feed
2d ago
BRF S.A. Emerges as a Prominent Stock in Recent Market Activity A Surprising Surge
BRF S.A. (BRFS), a key player in the Latin American food processing industry, has recently made a significant leap in the stock market, reflecting a potential hidden gem among investment opportunities. On a particular Monday, BRF S.A. saw its shares increase by nearly 9%, a remarkable feat especially considering its classification as a penny stock. According to Barchart.com’s “Top 100 Stocks to Buy,” BRF S.A. jumped from the 91st to the 35th position—a monumental shift of 56 ranks in just one day.
Market Opinion ..read more
ESS-Feed
3d ago
Cooperl Faces Operational Threats Amidst Price-Fixing Allegations
Cooperl, a prominent French agricultural cooperative known for its extensive involvement in pork processing, is currently grappling with serious operational challenges. These stem from a substantial €35 million fine imposed for its alleged participation in a price-fixing cartel, which could potentially lead to factory closures and significant job losses.
The Allegations of Price Fixing
In July, Cooperl was found to have engaged in price-fixing activities along with eleven other companies, affecting cold meat products between 201 ..read more