Articles Tagged with ''pork''

Tyson Foods pointed to measures it’s taking to increase efficiencies in a challenging meat market as it reported lower sales for fiscal 2023’s fourth quarter and projected flat sales in 2024.

The U.S. pork industry wants to see a return of the Generalized System of Preferences trade program, which expired in 2020, seeing it as key to gaining new access to markets in countries like Thailand and the Philippines.

China had no right to hit U.S. exports – including farm commodities - with retaliatory tariffs five years ago in response to U.S. steel and aluminum tariffs, according to a ruling Wednesday by a World Trade Organization dispute panel.

Pork exports have enjoyed a healthy first half of 2023, but beef sales to overseas customers have lagged, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Tyson Foods on Monday announced the closure of four chicken processing plants, and the meatpacking giant said it lost money on its chicken and pork business during the latest quarter while barely covering costs on its beef segment.