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News and analysis on the global poultry
and animal feed industries.
Roy Graber

Roy Graber

Roy Graber is a staff reporter at WATT Global Media. Contact Graber via email at rgraber@wattglobal.com.

ARTICLES

Marfrig CFO: Keystone sale to occur soon

News agencies have reported Tyson is acquiring Keystone Foods for $2.5 million
Marfrig Global Foods’ sale of its Keystone Foods subsidiary should take place soon, the company’s global chief financial officer (CFO) said.
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BRF finances hit by trade boundaries, trucker strike

Brazil-based company reports BRL1.6 billion net loss for second quarter
BRF reported a net loss of BRL1.6 billion (US$408 million) for the second quarter of fiscal year 2018, attributing some of the company’s financial struggles to a Brazilian trucker strike and by trade restrictions.
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Is plant closure bad omen for Global Animal Partnership?

‘Economics’ cited as reason for closure of one plant that processed GAP-certified poultry
The slower-growing broiler and Global Animal Partnership (GAP) movements recently suffered a setback, as it was announced that the Crystal Lake Farms poultry processing plant in Jay, Oklahoma, would be shutting down.
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Slow-growth chicken consumer opinions can be swayed

Consumer willingness to pay more for products from slower-growing broilers depends largely on the information they receive, study reveals.
Consumers do not presently know much about the differences between conventional chicken breeds and slower-growing breeds, and as a result, their opinions can easily be swayed, a recent study said.
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Tyson vaguely answers question on possible Keystone buy

CEO outlines company’s criteria for mergers and acquisitions, then invites reporters to draw own conclusions
Tyson Foods CEO Tom Hayes did not directly answer a reporter’s question concerning Tyson’s potential acquisition of Keystone Foods, but did imply that purchasing the tenth largest poultry company in the United States is consistent with the company’s growth strategy.
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Michael Foods fire, boil water order costs $3.5 million

Financial impact of two Michael Foods incidents revealed as parent company Post Holdings releases quarterly results
Post Holdings, reported that a Michael Foods plant fire and a boil water order for the town of where another Michael Foods plant operates had a $3.5 million impact on the company.
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