Japan Wants To Join Trade Talks
Japan wants to join talks on a U.S.–led Asia-Pacific free trade pact. Business lobbies in Japan are worried their nation is lagging behind rivals such as South Korea in free trade deals. In the meantime, Japan needs to pursue agriculture reform to overcome resistance from farmers.
How Many Meals in a Pig?
According to information from the American Association of Swine Veterinarians and Iowa State University - every market hog provides 371 servings of pork. That calculation assumes a 265 pound market weight - 70-percent yield and an eight ounce serving size - twice the USDA recommended serving size.
Pork Checkoff Vice President of Science and Technology Dr. Paul Sundberg says this information reinforces the important work seen in production agriculture…
Poultry Industry Analysts Lower Expectations for FY2011
Despite positive outlooks for earnings for poultry producers as 2010 draws to a close, higher feed prices may put a damper on earnings in the sector for 2011, analysts predict.
BB&T Capital Markets analyst Heather Jones lowered 2011 estimates for Sanderson Farms to $2.05 from $4.70 a share despite increasing fourth-quarter earnings estimates to $1.85 from $1.35 per share. Analysts do not believe that Sanderson Farms has hedges against expected instability in feed prices next year, prompting its downward estimate revision. Sanderson Farms has plans to ramp up production at their Kinston, North Carolina Plant in 2011.
Russia officials invest in production amid partial meat import ban
The Russian Federal Service for Veterinary and Phytosanitary Surveillance has issued a partial ban on meat and pork imports from U.S. and European processors while the government invests $800 million to open a beef farm to boost domestic production.
The agency cited excessive amounts of antibiotics in U.S. pork, helping to fuel a decline in U.S. exports to Russia this year by nearly two-thirds of 2009 levels.
Consumers can’t sue McDonald’s for obesity as a group, judge rules
A New York judge has ruled the plaintiffs in a childhood obesity lawsuit against McDonald’s Corp. can’t pursue their claims as a group, Bloomberg reported.
The teenagers accused McDonald’s of harming their health and violating the law through deceptive marketing of Chicken McNuggets, and other iconic McDonald’s products.