Latest News From Reuters

Tyson Foods Beats Profit Estimates, Sees Lower COVID-19 Costs in 2021

Tyson Foods beat Wall Street estimates for fourth-quarter profit on Monday, but faces rising costs for animal feed and uncertainty over labor as COVID-19 cases surge in the United States.

1 week ago
File Photo: Grain bins.
COVID-19 Raises Governments' Food Security Concerns, Demand for U.S. Crops

COVID-19 outbreaks are increasing governments' food-security concerns, and importers need U.S. corn and soybeans for the first time in a long time to meet demand.

1 month ago
Tyson Foods Workers to Replace Some Federal Inspectors At U.S. Beef Plant

Tyson Foods said on Tuesday it plans in January to have company employees take on duties from more than a dozen federal inspectors at a large Kansas beef plant, after getting a U.S. government waiver.

1 month ago
JBS Parent Company Pleads Guilty to U.S. FCPA Violations, to Pay $256 Million Fine

Brazil's J&F Investimentos, parent company of the world's largest meatpacker JBS pleaded guilty to violations of the U.S. Foreign Corruption Practices Act (FCPA) and agreed to pay $256 million in criminal fines.

1 month ago
China has suspended imports from an OK Foods poultry plant in Fort Smith, Arkansas, because of coronavirus cases among workers, the USA Poultry & Egg Export Council said on Tuesday.
China Suspends Poultry Imports From Second U.S. Plant Over COVID-19

China has suspended imports from an OK Foods poultry plant in Fort Smith, Arkansas, because of coronavirus cases among workers, the USA Poultry & Egg Export Council said on Tuesday.

2 months ago
Image: Farm Journal
China Books Record Weekly U.S. Beef Purchases, Also Buys U.S. Corn

China made its largest weekly U.S. beef purchases on record last week, followed by its biggest U.S. corn deals in almost a month this week, according to U.S. Department of Agriculture data released on Thursday.

3 months ago
Feedyard
Farm State Senators in a Beef Over Packers Bill

Two senior Republican U.S. senators from top farm states have locked horns over legislation intended to make cattle markets more transparent.

3 months ago
Brazil's JBS Being Sued by Labor Prosecutors Over COVID-19 Outbreak

Brazilian labor prosecutors are suing meatpacker JBS SA seeking damages and better work conditions after an outbreak of the novel coronavirus at a meat plant in Ipumirim, in the southern state of Santa Catarina.

6 months ago