Roy Graber

8 highlights from MHP’s first quarter of 2019

Net profit was down for the quarter, but Ukrainian company still had plenty of positive things to report

June 12, 2019

Ukrainian poultry company MHP on June 12 released the financial results of the first quarter of the 2019 fiscal year. The quarter ended on March 31.

Hormel takes pricing action to mitigate ASF

While there was a ‘quick run-up’ in May, more substantial market changes are expected

June 11, 2019

Roy Graber

Anticipating significant changes in global pig and pork prices amid the African swine fever (ASF) outbreak in China, Hormel Foods is taking pricing action to mitigate the changing markets.

Kraft Heinz completes internal investigation

Company says it is taking actions to improve internal policies and procedures

June 11, 2019

Roy Graber

Kraft Heinz says it has completed its internal investigation into its procurement area and assessment of internal controls, and the company continues to cooperate with the U.S. Securities and Exchange Commission (SEC) in its investigation.

Hormel Foods: Plant protein ‘certainly on our minds’

Company has developed products that blend meat and plant protein, and more alternative protein products can be expected

June 11, 2019

Roy Graber

The public has not heard much to date about the development of new alternative protein products from Hormel Foods, but CEO Jim Snee says plant-based protein is “certainly on our minds.”

Cherkizovo might upgrade Vasilyevskaya poultry operations

Plans call for two new poultry lines that would be substantially faster

June 10, 2019

Roy Graber

Russia’s Cherkizovo is considering an upgrade of its poultry operations in Vasilyevskaya, the company announced.

Walmart to transition to cage-free eggs in Brazil

Switch expected to be completed by 2028

June 10, 2019

Roy Graber

Walmart has committed to transitioning its entire egg supply in Brazil to cage-free eggs by 2028, according to two animal rights organizations.

Fill ‘Chickieleaks’ website with positive comments

Mercy for Animals wants people to share bad stories about Tyson Foods and McDonald’s, but what about the good?

June 10, 2019

Roy Graber

It’s not unusual for Mercy for Animals to be adversarial towards Tyson Foods and McDonald’s, but the animal rights group is taking a different avenue.

HKScan EVP Esa Mäki to become Apetit CEO

After short tenure with HKScan, Mäki to lead Finnish vegetable company

June 6, 2019

Roy Graber

Esa Mäki, HKScan executive vice president of meat balance & supply chain will leave his position at HKScan to become the chief executive officer of Finnish vegetable company Apetit Plc.

Sanderson: High steel prices deter plant construction

Poultry company wants to build another plant, but tariffs on steel make now a bad time to do so

June 6, 2019

Roy Graber

Construction of new poultry complexes has been central to Sanderson Farms’ growth strategy during recent years. However, current steel prices can be a deterrent to construction of new facilities, CEO Joe F. Sanderson Jr. said.

Ken Klippen, executive director of National Egg Farmers of America

Egg farmers' association to Trump: Delay Mexican tariffs

Tariff plan could negatively impact USMCA ratification, says National Association of Egg Farmers

June 4, 2019

Roy Graber

The National Association of Egg Farmers has written to U.S. President Donald Trump, asking him to postpone his plans to place a 5 percent tariff on all goods from Mexico.