NEWS
Poultry Industry Roaring Back
Fri May 30, 2014 06:48 AM CDT

(Dow Jones) -- This week's competing bids for Hillshire Brands Co. by the two biggest U.S. chicken companies shows how the poultry industry has roared back from a deep slump during the recession.

Six years ago, Tyson Foods Inc. and Pilgrim's Pride Corp. were struggling mightily amid soaring grain prices and a jump in chicken production that depressed prices for the birds. Tyson shares fell 70% over the course of a year, bottoming at $4.40 in November 2008, while Pilgrim's filed for bankruptcy-court protection the next month.

Now the two companies have far-stronger balance sheets, giving them the heft to ...

Quick View
  • Dodge Down Corn Conditions have been right for stalk rot and ear molds in corn in many parts of the Midwest this ...
  • Rethink Grazing If you see a group of steers in a field of green corn, you can generally bet it is either an acci...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • DTN Retail Fertilizer Trends Co-op giant commits to N plant close to cheap gas and customer base.
  • Rents Resist Price Relief Growers in bellwether corn states expect to make money on bushels -- not price -- in 2014, farm m...
  • Beef Checkoff Questioned Agriculture Secretary Tom Vilsack said Monday he might take action to offer his own changes to th...
  • Farm Family Business Crafting a vision for the future, projecting financials, managing employees, acting with humility...
  • Farming on the Mother Road - 6 Chris Clayton continues looking at the state of agriculture along historic Route 66, dubbed "The ...
  • Ask the Vet What can I do to prevent the spread of facial warts in my herd?
Related News Stories
Sources: US Lost WTO COOL Round
Tyson to Shed Three Plants
Harrington's Sort and Cull
Black Eyes