PoultryCast Industry

What is a future America can hold?


What does the future of America hold? Some good perspective from a recent video series at the Wall Street Journal titled "America: A Portfolio of Ideas" featured several different perspectives and is highly recommended. To give you a feel for what it holds we share this brief audio featuring John Naisbitt (Megatrends) and Gloria Naisbitt on the influence of culture on our trading relationship with China.

Will the growers prevail in Pilgrim's Pride lawsuit?

growers vs Pilgrims Pride

Pilgrim's Pride has been ordered to pay $25.8 million to 90+ growers in Arkansas.
Mark Brodeur, the Plaintiffs' Lead Counsel, said: "It's a first in that I believe this is the largest verdict for a group of poultry growers against a poultry company."
The pay will to growers will range from $9,000 to approximately $900,000. In the mean time Pilgrim's Pride is considering an appeal.

How Will British Free Range Operators Fare?

free range chickens
A British Free Range Egg Producers Association (BFREPA) survey indicates that nearly 12% of the the UK's commercial free range flock could disappear if producers continue to lose money. Many operations are experiences increasing costs and reduced revenues.
Some producers say they have no option but to carry on in the hope the market improves because they are trapped by bank loans. "I invested in a new efficient multi-tier system just before the market crash. There is no choice but to continue at a loss as the bank are demanding repayments on the investment loan and we have to go down fighting if need be," said a producer.
Many BFREPA members say they will reduce numbers or end production completely unless the market conditions improve.