FYI on Poultry
bookmarks tagged poultry by trufflemedia
Updated: 9 hours 9 min ago
The accounting scandal at snack maker Diamond Foods in recent months may have shocked shareholders and some California walnut farmers. But a number of accounting and industry experts spotted red flags some time before. A close examination of business practices at Diamond Foods, the nation's largest walnut processor and maker of Emerald nuts, points up a number of warning signs, including unusual timing of payments to growers, a leap in profit margins, and volatile inventories and cash flows.
The latest US Cobb-Vantress, Inc research complex, built in Deer Lodge, Tennessee, at a $22 million investment to increase its pedigree breeding activities, has been officially opened. Several guests spoke at a ribbon cutting ceremony including Jerry Moye, president of Cobb, Donnie Smith, president of Tyson Foods, and Bill Haslam, Governor of Tennessee.
A group of California investors has bought a former Tyson Foods Inc. poultry plant in Pine Bluff and plans to open the facility later this year. Horizon Foods LP tells the Arkansas Democrat-Gazette (http://is.gd/XMgVg4 ) that it hopes to create 170 jobs this year for workers to process hens.
Like the rest of the world, China’s recovery from the global financial crisis was the result of “Botox economics.” Taking advantage of a centrally controlled, command economy, Beijing boosted output through government spending and directed bank lending to maintain growth.
Vital medical research is under threat in Britain because ferry companies and airlines are bowing to pressure from animal rights activists and refusing to carry animals destined for laboratory testing, scientists and drugmakers said on Wednesday. Researchers said all ferry companies operating routes into Britain had now banned the import of mice, rats and other animals, which are used in research labs to explore the potential of experimental new drugs.
Beijing and the influential U.S. agriculture department may have overstated China's corn crop by as much as 14 percent, pointing to higher imports from the world's second-largest consumer of the grain that could squeeze already tightening global supplies. If China plugs the gap between projected and actual domestic supply with additional corn imports, it would drive up international prices already near four-month highs. Wheat markets could feel the impact too if Beijing snaps up the grain as a substitute to corn for animal feed.
Washington announced yesterday that it has initiated consultations with New Delhi at the WTO over India’s prohibition on imports of US poultry, chicken eggs, and other agricultural products - the first stage in the global trade body’s dispute settlement process. India has banned US poultry and other farm goods for the last five years, supposedly to prevent avian influenza outbreaks in the country, said the US Trade Representative’s office. However, Washington argues that there is no scientific evidence to justify the ban.
US - For the first time in US history, ethanol refiners are consuming more of the US corn crop than livestock producers and this trend is set to continue to at least 2014 as government mandates and exports boost fuel demand, writes Gerard Brickley, Director of Meat at Bord Bia, the Irish Food Board. Corn use for ethanol has risen almost fourfold from 1.32 billion bushels in 2005 to 5.02 billion in 2011, exceeding 40 per cent of the total harvest last year. Feed, which previously accounted for the biggest share of the crop, fell by almost 22 per cent during the period to 4.79 billion bushels as livestock and poultry farmers in the US turned to alternative feeds, including dried distillers grain, an ethanol byproduct.
If you apply Newton's third law, the equal and opposite reaction to potential increased regulations on the U.S. poultry and livestock sectors may be anything but pleasant for consumers who are already facing increased food costs associated with higher input costs.
Corn imports by China, the world’s second-largest consumer, may surge sevenfold to a record 28 million metric tons by 2015-2016 as local production fails to keep pace with increased demand, according to INTL FCStone Inc. Imports may gain from 4 million tons in 2011-2012 and reach 13 million tons by 2012-2013, Mike O’Dea, senior risk manager, told a conference in Singapore. The local harvest may reach 187 million tons next year, 6.5 percent less than projected demand, according to a presentation from O’Dea.
The FCC announced earlier this week that permission to build the network would be denied. Other investors have also sought legal advice on possible litigation. The primary objective of any lawsuit would likely be to force a technical fix to the GPS interference, either by allowing LightSquared to swap its wireless airwave license for a different bandwidth or by forcing GPS operators to use filters to block LightSquared's signals.
Regulatory Pressures and Product Variations to Drive Growth in the Global Feed Acidifiers Market, According to New Report by Global Industry Analysts, Inc.
Much in contrast to popular opinion, the use of organic/inorganic acids and salts as feed acidifiers in animal diet has been a long-standing concept. The livestock industry has been using both organic and inorganic acids for promoting animal health for over three decades. However, the complete ban on use of Antibiotic Growth Promoters (AGPs) by EU in 2006, sparked an aggressive search for new alternatives, thus bringing life to latent interest and demand for non-antibiotic substitutes such as probiotics and feed acidifiers. During the recent years, the concept of feed acidification witnessed growth in several European and Asian countries and end-users are seen increasingly seeking complete technical information relating to mould inhibitors, acids, and antioxidants.
Consumers said they would support federal legislation (H.R. 3798) that would transition egg production from the existing conventional cages used for egg-laying hens to enriched cages by a margin of 4-to-1. Furthermore, consumers said that federal legislation was preferable to state legislation by a margin of 2-to-1.
The 2012 Feed Mill Management Seminar, to be held March 21-22 at the Doubletree Hotel in Nashville, Tenn., will provide the latest information and technology for the industry. The seminar is sponsored by the U.S. Poultry & Egg Association.
USDA signed a Memorandum of Understanding with the Food & Drug Administration, effective Jan. 19, which will serve as an umbrella agreement to aid in the exchange of information related to food safety and public health activities beyond existing agreements.
Thousands of former clients of the failed brokerage, including farmers, cattle ranchers and investors, have not yet received tax forms that detail their profits and losses, preventing them from preparing accurate returns for the Internal Revenue Service ahead of a rapidly approaching deadline.
While a fresh crop of renewable-fuel ventures has attracted billions in financial backing from eager investors, the daunting task of moving from the laboratory to profitable commercial production still poses a major hurdle for many of them.
The 2012 Environmental Management Seminar will highlight the current developments in environmental management, equipment, processes and regulations to ensure that poultry environmental managers stay up to date in their efforts to assure a quality environment. Sponsored by U.S. Poultry & Egg Association, this year’s conference will be held March 7-8, at the Doubletree Hotel in Nashville, Tenn.
A Mississippi State University researcher has uncovered the first molecular evidence linking live poultry markets in China to human H5N1 avian influenza.
The US Department of Agriculture published on February 6, 2012 a proposed rule that would continue the allowance of synthetic methionine in organic poultry production but at reduced levels from the current allowable levels.