The volume of MHP S.A.'s chicken meat sales increased by 23% to 99,900 metric tons in the third quarter of 2011 and by 13% to 282,000 metric tons during the first nine months of 2011, when compared to 2010 numbers, according to the company's recently released financial report.
These results are mainly a result of a production increase due to more effective use of existing capacity as well as due to decrease in stocks, said the company. Domestic demand for chicken meat during the first nine months of 2011 remained high and MHP was able to sell close to 100% of the chicken produced. Export sales for the first nine months of 2011 increased by almost two times compared to the same period in 2010.
The average chicken meat price through the third quarter of 2011 increased by 15%, to UAH 16.11 (US$2.01) per kilogram of adjusted weight (excluding VAT), when compared to the third quarter of 2010. Through the nine months of 2011, average chicken prices increased by 7%, to UAH 14.39 per kilogram (US$1.80), as prices were almost flat in the first half of 2011.
USPOULTRY Family Farm Environmental Excellence Award winner Bar G Ranch Poultry is showcased in first video in series
Pending transaction would give investment firm KKR 18 percent ownership of Fujian Sunner Development
Court decision to sentence John Garnett to 12 months of home detention and 200 hours of community service welcomed by the Egg Producers Federation of New Zealand
Technical Symposium - Food Safety Intervention Strategies for the Meat and Poultry Supply Chain, hosted by the Canadian Meat Council and the Canadian Poultry and Egg Processors Council
After reaching agreement with Department of Justice and completing tender offer of Hillshire stock shares, two companies ready to become one
With two companies now one, Hillshire Brands common stock will cease trading
Poultry producer's net income at $76.1 million compared to $67.9 million for the same period in 2013.
Cooper Farms’ Gary Cooper among keynote speakers at USPOULTRY Women’s Leadership Conference
Shares of Hillshire Brands can now be purchased through Wednesday, Aug. 27
There is currently no content in this area.
--- Thank you for your patience ----
If you have any issues logging in or any other need feel free to contact us.