Poultry Industry News

 

Weekly Broiler Production and Prices

Mar 22, 2017

    

The March 15th 2017 edition of the USDA Broiler Hatchery Report confirmed that 174 million day-old chicks were placed among the 19 major broiler-producing states during the week ending March 11th, two percent more than the corresponding week in 2016 Total chick placements for the U.S. amounted to 181 million. Average hatchability was 83 percent for eggs set three weeks earlier. Cumulative placements for the period January 7th through March 11th amounted to 1.79 billion chicks, one percent more than the corresponding period in 2016.

  

For the processing week ending March 11th 159.741 million broilers were processed at an average live weight of 2.80 kg (2.80 kg. last week) and a yield of 76.0 percent. The number of broilers processed was 1.7 percent more than the corresponding week in 2016. Processed (RTC) broiler production attained 336,066 metric tons, 0.5 percent more than the corresponding week in 2016. Processed (RTC) broiler production in 2017 has attained 3,391,101 metric tons YTD, 0.5 percent more than YTD 2016.

The USDA Southern States (SS) benchmark prices in $ per kg. as reflected in successive weekly editions of the Broiler Market News Report will be posted as the Georgia Dock benchmark has been terminated.

   
 

Weekly Turkey Production and Prices

Mar 22, 2017

    

 The March 16 16th edition of the USDA Turkey Hatchery Report, issued monthly, documented 29.3 million eggs in incubators on March 1st 2017, up 6 percent from March 1st 2016. A total of 23.9 million poults were hatched in February 2017, up 9 percent from February 2016. A total of 22.6 million poults were placed on farms in the U.S. in December 2016, up 6 percent from February 2016. The relative hatch and placement values suggest disposal of 1.3 million hen poults or 5.4 percent of hatch. Poult placements through February 2017 have attained 49.3 million.

  

The March 17th edition of the USDA Turkey Market News Report (Vol 64, No. 11) confirmed the following provisional data for turkeys slaughtered under Federal inspection:-

  • For the processing week ending March 11th 1.548 million young hens were slaughtered at a live weight of 7.9 kg (8.2 kg last week). During the corresponding week in 2016, 1.789 million hens were processed. Ready-to-cook hen weight for the week attained 9,907 metric tons, 12.6 percent less than the corresponding week of 2016. Dressing percentage was 80.5. Year-to-date RTC hen production has attained 100,497 metric tons, 10.5 percent less than YTD 2016.
  • For the processing week ending March 11th 2.503 million toms were slaughtered at 18.9 kg (19.1 kg last week) compared to 2.478 million toms during the previous processing week. For the corresponding week in 2016, 2.358 million toms were processed. Ready-to-cook tom weight for the past week attained 37,706 metric tons, 5.0 percent more than in the corresponding week of 2016.  Dressing percentage was 80.5.Year-to-date RTC tom production has attained 375,996 metric tons, 3.1 percent more than YTD 2016.
  • The National average frozen hen price during the past week was $2.26 per kg, 2 cents/kg below the three-year average.

   
 

Revised USDA-ERS Projected Poultry Production for 2016 and 2017.

Mar 22, 2017

    

The USDA-Economic Research Service released the projected and forecast projections for broilers and turkeys for 2016 and 2017 respectively on March 15th

Metric values are tabulated below:-  

  

Parameter

2016(actual)     

 2017(forecast)

Difference (%)

Broilers

 

 

 

Production (m. metric tons)

18.204 

18,830

+3.4

Consumption (kg per capita)

40.8

41.1

+0.3

Exports (m. metric tons)

3,021*

3.148

+4.2

Proportion of production (%)

16.3

16.7

+2.5

 

 

 

 

Turkeys

 

 

 

Production (m. metric tons)

2.536

2.719

+7.2

Consumption (kg per capita)

7.6

7.7

         +1.3

Exports (m. metric tons)

0.259*

0.286

         +10.4

Proportion of production (%)

9.5

10.3

+8.4

*Depressed by import embargos due to HPAI

Source: Livestock, Dairy and Poultry Outlook –March 15th 2017

   
 

WARNING ON OUTSIDE ACCESS FOR POULTRY

Mar 22, 2017

    

The North Carolina Department of Agriculture encourages enhanced biosecurity in a circular letter to poultry producers raising organic birds with outside access, Dr. R. Douglas Meckes, State Veterinarian issued a directive to move all poultry with outside access in to biosecure housing and to implement strict biosecurity. 

The circular urged monitoring of flocks for abnormal clinical signs or mortality which would occur following exposure to Avian Influenza virus. 

  

The Mississippi flyway encompasses western counties in North Carolina placing poultry operations in this quadrant of the State at risk of infection.

   
 

ROBERT LIGHTHIZER UNDERGOES CONFIRMATION HEARING FOR USTR POSITION.

Mar 22, 2017

    

On March 17th, Robert Lighthizer appeared before the Senate Finance Committee to be confirmed as the U.S. Trade Representative.  Lighthizer is strongly supported by food and agricultural associations including the NCC. 

He served as the Deputy U.S. Trade Representative with the rank of Ambassador during the Reagan Administration with responsibility for industry, agriculture, investment and trade policy matters. 

He has worked on international trade issues representing manufacturers, and agricultural companies focusing on facilitating international trade.

  

Robert Lighthizer

The confirmation hearing denoted the concern by Senators representing agricultural states that access for U.S. exports should be a priority.  They especially urged that negotiations on the North American Free Trade Agreement should not impact exports to either Mexico or Canada.  Additional issues such as divided responsibility between the office of the U.S. Trade Representative and the Department of Commerce should also be resolved.

 Ambassador Lighthizer responded to a question from Senator Maria Cantwell (D-WA) stating, “I expect to have full statutory authority but will work collaboratively with both the White House and the Commerce Department”.  Senator Pat Roberts (R-KS) Chairman of the Senate Agriculture Committee cautioned Lighthizer that the Administration should not reconsider country-of-origin labeling.

   
 

New Turkey Hatchery for Indiana

Mar 22, 2017

   

Select Genetics will erect a $23 million turkey hatchery in Terre Haute, IN. The facility will extend over 83,000 ft2 with projected startup in approximately one year.

The Director of the Indiana State Department of Agriculture, Ted McKinney stated “We are fortunate to have Select Genetics a leader in poultry breeding, bring their state-of-the art genetics and capabilities to the Hoosier State”.

  

 

 

Select Genetics was established following the merger of Valley of the Moon Commercial Poults and Ag Forte/Wilmar Poultry Company.

The Indiana Economic Development Corporation provided $400,000 in tax credits and $150,000 in training grants based on the projected employment of 100 salaried and hourly-paid workers.

   
 

Food Deflation Continues

Mar 22, 2017

    

The Bureau of Labor Statistics released a report on March 15th indicating that the Food at Home Index was 1.7 percent lower than in February 2016, representing the 15th consecutive month that the Index was negative on a year-over-year basis.

For a 12-month period the Consumer Price Index for the Meats, Poultry, Fish and Eggs category declined by 3.3 percent compared to the All Items category of 2.7 percent.  In contrast the Food Away from Home category increased by 2.4 percent possibly reflecting higher labor input rather than ingredients.

  

As quoted in Supermarket News, Karen Short an analyst at Barclays commented “Lingering deflation is contributing toward one of the most difficult operating environments in food retail that we can recall.  As a result the extremely challenging operating environment in the second half of 2016 has likely extended into the first quarter.” 

This has implications for supermarket earnings.

   
 

Hybrid Turkeys to Invest in New Facilities

Mar 22, 2017

 

    

In January 2015 Hybrid Turkeys, a subsidiary of Hendrix Genetics formed a strategic partnership with Ag Forte to produce eggs and poults.  In November 2016 Hybrid elected not to renew the contractual arrangement which will expire in January 2019.

Hybrid will supply breeding and commercial stock to the U.S. market directly and accordingly will invest in two hatcheries, parent farms and transportation in order to supply the North American market.

  

Dave Libertini managing director of Hybrid Turkeys noted “Obvious this is focused on creating value for customers and will build on strong partnerships with the industry.”  He added “More transparent food system with ever-reducing use of antibiotics means that the responsible production of high quality day-old turkey poults is critical.

(See the companion posting in this edition on the Terre Haute, IN. hatchery project)

   
 

Avian Influenza Cases Continue in Malaysia

Mar 22, 2017

    

Previously CHICK-CITE reported on the emergence of H5N1 avian influenza in backyard flocks in Malaysia.  Approximately 24,000 birds have been depleted from flocks in Kelantan State since the initial cases during the first week of March.  To date the virus has affected birds in 20 villages but as yet no commercial farms have been affected.  There have been no recorded cases of H5N1 infection transmitted to humans. 

  

Authorities in Malaysia attribute introduction of infection to illegal importation of fighting cocks but it is noted that migratory waterfowl are responsible for introduction of infection and dissemination of H7N6 virus in Japan and Korea.

   
 

Chipotle Ranked First Among Mexican Restaurant Chains

Mar 22, 2017

    

A study by Market Force Information has ranked Chipotle Mexican Grill first among Mexican- style chains.  The 2016 ranking included Moe’s Southwest Grill in second place and El Pollo Loco in third.  Fourth and fifth places were earned respectively by Qdoba and Taco Cabana.

Chipotle Mexican Grill was ranked first for food quality.

  

It is expected that the efforts by management to improve quality, safety and service will be reflected in improved same-store sales and hence profitability.

   
 

EU-28 Broiler Production Impacted by Avian Influenza

Mar 22, 2017

    

According to the USDA-FAS GAIN Report FR1703 dated March 1, 2017, production of broiler meat by the nations representing the EU-28 will increase by approximately one percent to 11.45 million metric tons in 2017. Domestic consumption from the EU-28 will amount to 11.06 million metric tons. The Region will be a net exporter of 390,000 metric tons down from 515,000 metric tons in 2016. 

Exports have been impacted by outbreaks of avian influenza.  Embargos have been placed by numerous nations including South Africa and the Philippines against France, the Netherlands, Germany, Poland and the UK.  In addition South Africa placed a 14 percent duty on the import of all broiler meat from the EU-28 effective December 2016.

  

Producer margins will be reduced by escalation in the cost of feed, evident in the last quarter of 2016 and extending into 2017.  High production costs in the Netherlands will reduce domestic production.

 HPAI has been diagnosed in commercial flocks in twenty nations in the EU in addition to Switzerland and Serbia.

 

 

   
 

New Menu Items to Stimulate Traffic

Mar 22, 2017

    

 

 

  

A number of quick service and casual dining restaurants have introduced new menu items: 

  • Italy features in Applebee’s and Subway offerings with the former introducing mozzarella burgers and chicken.  Subway will offer a new Italian hero featuring Genoa salami.
  • Outback Steak House will offer cubed sirloin steak and cheese fries topped with Monterey Jack cheese.
  • Wingstop has introduced Brazilian Citrus Pepper Wings
  • Schlotzsky’s is adding traditional, Cuban, and Tex-Mex brisket sandwiches
   
 

PEARSE LYONS RECEIVES AWARD

Mar 22, 2017

Pearse Lyons

    

Enda Kenny, Prime Minister (Taoiseach) of Ireland presented the Science Foundation Ireland St. Patrick’s Day Medal to Dr. Pearse Lyons, President and Founder of Alltech at an event held at the United States Institute of Peace.

The award recognizes outstanding contributions to science and to the development of the research ecosystem in Ireland.  The medal is awarded annually to a distinguished Irish scientist, engineer, or leader in technology living and working in the U.S.

In presenting the award Kenny stated, “I’m delighted to present the SFI St. Patrick’s Day Science Medal on behalf of the Science Foundation Ireland to an exceptional leader.  He has an impact on his area of expertise and has played a pivotal role in the development of research in Ireland”.

  

Born in Dundalk, Dr. Lyons established Alltech in 1980 with the aim of creating the next “green revolution”.  His company now trades in over 120 nations worldwide and employs 5,000.  Alltech operates three bioscience centers dedicated to research and education with two in the U.S. and the third in Dunboyne, Co. Meath, Ireland.

In accepting the award Dr. Lyons noted, “I’m so proud to accept the SFI St. Patrick’s’ Day Medal from the Science Foundation. While my business is global my passion for biochemistry and entrepreneurships started at home in Ireland.  Science and technology play a very important part in my Company’s success and all of our Alltech teams work to innovate every day.  We strive to put scientific research at the core of our business and to apply that research to commercial success at home and abroad. 

Almost one hundred students have graduated with their Master’s and Doctoral Degrees from Alltech facilities in Ireland in cooperation with virtually every Irish University providing a platform that was once described by the European Commissioner of Food and Safety as “primacy in science”.

   
 

EUROPEAN CHEMICALS AGENCY REPUDIATES IARC OVER GLYPHOSATE

Mar 22, 2017

    

The European Chemicals Agency announced on Wednesday 15th March that glyphosate does not cause cancer, repudiating the widely discredited classification of “potentially carcinogenic” assigned by the International Agency for Research on Cancer (IARC), a subsidiary of the World Health Organization.

 

Although this definitive finding based on evaluation of reputable research should end the speculation and pseudo-scientific postings on the web, there is still unresolved litigation.  The Wall Street Journal on Friday 17th March noted the case now under consideration by a Federal court in California alleging that Monsanto the manufacturer of glyphosate failed to warn agricultural workers of cancer risks. Despite discovery of internal E-mails which appear to implicate the company, the status of the compound as a non-carcinogen should not be in question.

The continual and ongoing criticism of Monsanto and opposition to glyphosate is inherently linked to rejection of genetic engineering (GE) of crops.  Since a majority of GE seeds are resistant to glyphosate allowing the herbicide to be applied during cultivation, banning of glyphosate would have effectively limited the advantage of GE corn and soybeans.

Following the decision of the European and Chemicals Agency, opponents of GE and avaricious lawyers will have to identify new targets.

Previous postings on glyphosate are available by entering either Monsanto glyphosate in the SEARCH feature.

   
 

LITIGATION OVER ABC “PINK SLIME” PROGRAM GOES TO COURT

Mar 22, 2017

    

The case brought by Beef Products against ABC News will be heard before a South Dakota court.  Litigation was initiated by the company which was forced to close 3 out of 4 plants producing Lean Finely Textured Beef (LFTB) in 2012 when the product was effectively destroyed by the ABC “documentary”. 

Although the case against television host and commentator, Diane Sawyer was dismissed, ABC News and journalist Jim Avila will have to defend the action.

  

According to an article by Peg Brickley in the Wednesday March 15th edition of the Wall Street Journal, ABC News alleged that they were within their 1st Amendment Rights to produce and air the program which Judge Cheryle Gering characterized as “reckless and engaged in purposeful avoidance of the truth”.  J. Erik Connolloy an attorney representing beef products was stronger in his criticism of the ABC News program alleging that it was “fake news”. 

LFTB which was included in the majority of ground beef sold in 2012 was approved by the USDA and was regarded as a nutritious source of protein.  The process by which it was manufactured including treatment with ammonia rendered the product free of pathogens and preserved amino acid availability.

The lawsuit if successful should reestablish the image of LFTB which was derided in the program using the descriptor “pink slime” Damages should provide the shareholders of the company with compensation for their losses and should act as a deterrent to media pursuing “negative-spin stories”.  The program based on the alleged anti-meat bias by Jim Avila, if repudiated by the courts might prevent some future program directed against the broiler or turkey industries.

Postings in 2012 and 2014 on the case can be accessed by entering “pink slime” or “LFTB” in the SEARCH feature.

   
 

LABORATORY-CULTURED CHICKEN MAKES DEBUT

Mar 22, 2017

    

In a demonstration in San Francisco, Memphis Meats unveiled chicken cultured from muscle cells reproduced under laboratory conditions.  The company alluded to the growth of the broiler industry over the past 50 years during which time consumption has doubled to over 90 pounds per capita.  U.S. pork consumption has remained approximately level and beef has dropped a third over the same period.

Memphis Meat estimated that the cost of production using current limited-scale technology will be in excess of $9,000 per pound.  As with many new technologies, scale-up and adoption of bioreactors could reduce cost as occurred following introduction of antibiotics during the 1950’s.

  

While we will probably not see “synthetic” beef and chicken competing directly with the natural variety, long-term commercial prospects have encouraged major animal-protein producers such as Tyson Foods and Hormel Foods to evaluate and invest in innovative startups innovating vegetable-based meat substitutes.

   
 

AUTHORITIES RAID BRAZILIAN MEAT PLANTS

Mar 22, 2017

    

According to reports by both Reuters and Bloomberg, Federal police in Brazil raided 194 premises including meat plants operated by JBS and BRF on March 17th.  More than 1,100 officers were deployed across six states in Brazil following a probe referred to as “Weak Flesh”.  Documentation and tape recordings indicated that meat packers had bribed inspectors and conspired with authorities to cover up contamination, adulteration and false export documentation.

  

 Brazil exports $5.5 billion in beef and $6.9 billion in poultry annually.  The current action by Federal authorities places the reputation of Brazil and export volume at risk. The Ministry of Agriculture closed three plants involved in the investigation and initiated a recall of products.

The raids and allegations have resulted in China and Chile imposing bans on beef from Brazil. Authorities in the EU have  stated that any company found to have engaged in illegal activity would be banned from supplying meat products.

JBS has been embroiled in a series of legal actions alleging sweetheart loans and financial improprieties.  News of the raids resulted in a sharp declined in shares of the two producers concerned with JBS dropping 11 percent and BRF 7.3 percent the following day.

Following the raids three employees from BRF and two from JBS were detained together with 28 public officials.

   
 

HEARING ON USDA SECRETARY NOMINEE SCHEDULED

Mar 22, 2017

Sonny Perdue

 

The U.S. Senate Committee on Agriculture, Nutrition and Forestry will conduct a hearing on the nomination of Dr. Sonny Perdue to the position of Secretary of the USDA on March 23rd.

Mike Brown, president of the NCC released a statement in support of the nomination, indicating “Governor Perdue has a strong record as a two-term Chief Executive of Georgia and is acquainted with a wide array of agricultural commodities from chicken and peanuts to cotton and timber”. 

The statement continued “As a Veterinarian, agribusiness owner and a Governor who established an Agriculture Advisory Committee in Georgia, he understands and appreciates the importance of American agriculture both here and abroad”.

  

   
 

CME Prices

Mar 22, 2017

    

On March 17th at close of trading on the CME, the following rounded quotations for corn, soybeans and soybean meal were recorded. Values for corresponding months as quoted for the previous week are indicated in parentheses:-

COMMODITY

Corn (cents per bushel)

May ’17   367     (371)

June ’17     375    

Soybeans (cents per bushel)

May ’17   1,000  (1,025)

June ’17  1,010    

Soybean meal ($per ton)

May ’17   328     (336)   

June ’17     332       

                      

   

Changes in the price of soybeans and soybean meal this week were:-

  • Corn:                     May quotation up by 4 cents                    (+1.1 percent)
  • Soybeans:            May quotation up by25 cents.                  (+2.4 percent)
  • Soybean Meal:    May quotation down by $8/ton              (-2.4) percent)  

For each 10 cent per bushel change in corn :-

  • The cost of egg production would change by 0.45 cent per dozen
  • The cost of broiler production would change by 0.25 cent per pound live weight

For each $10 per ton change in the price of soybean meal:-

  • The cost of egg production would change by 0.40 cent per dozen
  • The cost of broiler production would change by 0.25 cent per pound live weight

See posting on the February 9th USDA-WASDE Report #562 for a review of price projections and quantities of commodities produced in the 2016 season.

   
 

Weekly Broiler Production and Prices

Mar 15, 2017

    

The March 8th 2017 edition of the USDA Broiler Hatchery Report confirmed that 173 million day-old chicks were placed among the 19 major broiler-producing states during the week ending March 4th, one percent more than the corresponding week in 2016 Total chick placements for the U.S. amounted to 180 million. Average hatchability was 83 percent for eggs set three weeks earlier. Cumulative placements for the period January 7th through March 4th amounted to 1.61 billion chicks, one percent more than the corresponding period in 2016.

  

For the processing week ending March 4th 159.125 million broilers were processed at an average live weight of 2.80 kg (2.80 kg. last week) and a yield of 76.0 percent. The number of broilers processed was almost the same as the corresponding week in 2016. Processed (RTC) broiler production attained 338,068 metric tons 0.6 percent more than the corresponding week in 2016. Processed (RTC) broiler production in 2017 has attained 3,055,039 metric tons YTD, 0.5 percent more than YTD 2016.

The USDA Southern States (SS) benchmark prices in $ per kg. as reflected in successive weekly editions of the Broiler Market News Report will be posted as the Georgia Dock benchmark has been terminated. 

   
 

Weekly Turkey Production and Prices

Mar 15, 2017

    

The February 16th edition of the USDA Turkey Hatchery Report, issued monthly, documented 29.8 million eggs in incubators on February 1st 2017, up 10 percent from February 1st 2016. A total of 25.1 million poults were hatched in January 2017, up 10 percent from January 2016.

A total of 23.2 million poults were placed on farms in the U.S. in December 2016, up 5 percent from January 2016. The relative hatch and placement values suggest disposal of 1.9 million hen poults or 7.5 percent of hatch. Poult placements in 2017 have attained 23.0 million.

  

The March 10th edition of the USDA Turkey Market News Report (Vol 64, No. 10) confirmed the following provisional data for turkeys slaughtered under Federal inspection:-

  • For the processing week ending March 4th 1.842 million young hens were slaughtered at a live weight of 8.21 kg (8.12 kg last week). During the corresponding week in 2016, 1.921 million hens were processed. Ready-to-cook hen weight for the week attained 11,451 metric tons, 9.8 percent less than the corresponding week of 2016. Dressing percentage was 80.5. Year-to-date RTC hen production has attained 90,590 metric tons, 10.3 percent less than YTD 2016.
  • For the processing week ending March 4th 2.478 million toms were slaughtered at 19.08 kg (18.99 kg last week) compared to 2.408 million toms during the previous processing week. For the corresponding week in 2016, 2,258 million toms were processed. Ready-to-cook tom weight for the past week attained 38,762 metric tons, 11.3 percent more than in the corresponding week of 2016.  Dressing percentage was 80.5.Year-to-date RTC tom production has attained 338,209 metric tons, 2.9 percent more than YTD 2016.

The National average frozen hen price during the past week was $2.24 per kg, 4 cents/kg below the three-year average.

   
 

U.S. Broiler and Turkey Exports for January 2017

Mar 15, 2017

    

Continued Improvements in Volume and Value Compared to 2016.

Data for January 2017 indicated an improvement in export volume after lifting of embargos following the 2015 Midwest HPAI outbreak and the subsequent limited January 2016, Indiana and May 2016, Missouri “pop-up” cases.  Broiler meat exports in January 2017 attained 252,485 metric tons, 12.2 percent higher than in January 2016 (225,062 metric tons)

  

During January 2017 the National Chicken Council, citing USDA-FAS data, documented exports of 269,929 metric tons of chicken parts and other forms valued at $255 million with an average unit value of $944 per metric ton, almost identical with January 2016 ($946).

The breakdown of chicken exports by proportion and unit price for each broiler category for January 2017 compared with the corresponding month in 2016 with the price in parentheses comprised:-

  • Chicken parts                          95.3%;  Unit value $890 per metric ton   ($861)
  • Prepared chicken                      2.8%;  Unit value $3,633 per metric ton ($3,557)
  • Whole chicken                          1.9%;  Unit value $971 per metric ton    ($1,411) 

 

    

      

 

 

   
 

USDA - WASDE FORECAST #563, March 9th 2016

Mar 15, 2017

    

Overview

The March 9th 2017 USDA WASDE projections for the 2016/7 corn and soybean crops reflected actual harvest data. Areas for corn and soybeans were unchanged at 86.7 million and 82.7 million acres respectively.

The USDA retained corn and soybean yields to 174.6 bushels per acre and 52.1 bushels per acre.

 

Ending stocks for corn and soybeans were projected at 2,320 million bushels (down 1.4 percent) and for soybeans 435 million bushels (up 3.5 percent) compared to the data in the February WASDE.

--- Click the (More) button below to read the full news report.

   
 

Malaysia Reports H5N1 HPAI

Mar 15, 2017

    

Malaysia has reported an isolated outbreak of avian influenza caused by H5N1 strain to the World Organization for Animal Health.

According to Reuters, this strain emerged in Cambodia during recent weeks.

  

   
 

Chipotle Wins Shareholder Suit

Mar 15, 2017

    

U.S. District Judge Katherine Polk Failla presiding in the District Court of Manhattan, dismissed the lawsuit claiming fraud by shareholders for alleged failure by Chipotle management to reveal details and the impact of successive food borne infections. The case was captioned Ong et al v Chipotle Mexican Grill Inc et al U.S. District Court, Southern District of New York, #16-00141.

  

The judgment included the statement “There is no indication in the complaint that Chipotle’s projections were inconsistent with or did not account for the company’s assessment of the impact of the food-borne illness outbreaks.”  The judgment continued “As long as the public statements are consistent with reasonably available data, corporate officials need not present an overly gloomy or cautious picture of current performance or future prospects.”

The judgment also dismissed claims against CEO Steve Ells and former co-CEO Monty Moran and CFO John Hartung alleging that they intended to commit fraud by making sales of more than $200 million of Chipotle stock during the three months before the outbreak.

The Plaintiffs in the case included the Construction Laborers Pension Trust of Greater St. Louis and Metzler Investment GMBH of Germany.

   
 

Alltech Issues Invitation to St. Patrick’s Day Event

Mar 15, 2017

    

Alltech will continue the tradition of hosting a reception for attendees at the Midwest Poultry Federation Convention. 

The event will take place on March 15th from 17H00 to 19H00 in the Promenade North Room of the St. Paul Hotel. 

Kentucky Ale® and appetizers will be served.

 

 

   
 

Randy Day Promoted to CEO of Perdue

Mar 15, 2017

Randy Day

    

Randy Day, currently Chief Operating Officer of Perdue Farms has been promoted to CEO and elevated to the company’s Board of Directors.

Dr. Jim Perdue chairman of Perdue Farms stated “Randy has done an outstanding job as COO over the past year and he has my trust and the trust of our leadership team in this new role.” 

According to the Perdue Farms press release Randy Day is the fourth CEO in the company’s 100-year history.

Day is a 36-year veteran of Perdue Farms and his experience will be applied to the strategic leadership of the company.

  

A native of the Eastern Shore of Maryland, Day graduated from Easton High School and received a BS degree in biology from Western Maryland College.  His Master’s degree in nutrition was earned from the University of Maryland at College Park and he has completed the Advanced Executive Program at the Harvard Business School.

Day has an extensive record of service to the poultry industry with membership on the Boards of the International Food Service Manufacturers Association, the National Turkey Federation and the National Chicken Council.  He is also active in social and regional promotion of education and commerce in Wicomico County and in Salisbury, MD.

   
 

Chick-fil-A® Named Top Chicken Chain

Mar 15, 2017

    

Market Force Information has released their U.S. restaurant rankings based on 11,000 surveys.  The ranking is based on a Composite Loyalty Index measuring food quality, service value and customer experience.

Chick-fil-A® was the top chicken chain, holding this position for each of the four successive years of the Market Force survey.

  

Chick-fil-A® was top-ranked for food quality, value, speed of service, curb appeal, atmosphere and overall cleanliness.  It scored extremely high on staff friendliness, far above the nearest competitor, El Pollo Loco which was ranked top in the “healthy options” category.

   
 

Alltech Young Leaders in Agricultural Journalism Awards

Mar 15, 2017

    

Alltech has named nine agricultural journalists as winners of the 2017 Alltech, Young Leaders in Agriculture, journalism competition.  The 12th Annual Award winners come from Austria, Sweden, the U.S., Germany, Northern Ireland, Kenya, the United Kingdom, Ghana and Australia. 

The winners will participate in the International Federation of Agricultural Journalists Congress and Workshop which will take place from March 31 to April 1 in Gauteng, Republic of South Africa.

Dr. Pearse Lyons president and Founder of Alltech stated “Each year we continue to see the best and brightest minds in agricultural journalism from around the world receive this award.” 

He added “congratulations to these nine outstanding candidates who exemplify leadership, skills and dedication need to communicate and connect the agricultural industry to a wider audience.”

  

Pearse Lyons

The U.S. winner, Jessie Scott is a digital content manager with Meredith Agrimedia.  He has covered equipment and trends for Successful Farming and has produced website and television shows.

   
 

MCDONALD’S INTRODUCING NEW TENDER

Mar 15, 2017

    

McDonald’s Corp. has developed a new chicken tender with an accompanying “signature sauce”.  The new menu item is being tested in Charlotte, NC and is intended to compete with a similar menu item offered by Chick-fil-A, the acknowledge market leader in the category.

Even if the product is equivalent in texture, taste and value, Chick-fil-A® has acknowledged superiority in terms of consumer perception of store cleanliness, staff friendliness and other attributes as revealed in a recent national survey of QSRs.

  

The McDonald’s buttermilk tenders will be offered with a biscuit for $2.69.  According to Chef Michael Haracz, Manager of Culinary Innovations at McDonald’s “We will continue our food journey by listening to our customers.  We know people love chicken tenders and we are committed to creating great-tasting food with quality ingredients and testing innovations for our customers”.

   
 

DSM AND EVONIK ESTABLISH JV TO PRODUCE OMEGA-3 FATTY ACIDS

Mar 15, 2017

    

Royal DSM and Evonik will form a joint venture to manufacture Omega-3 fatty acid products from marine algae. 

The commercial-scale production facility will be erected in the United States and is projected to be operational in 2019 and will require an investment of $200 million. 

 

Initially the production will be destined for salmon aquaculture but it is possible that DHA will be available for other species.

The venture termed “Veramaris” will obviate the need to extract oil from wild-caught fish, a declining resource.

Currently the fat-fish industry which is primarily directed to the production of salmon uses 75 percent of the World’s production of fish oil which totals one million metric tons annually.

   
 

WEST LIBERTY FOODS RENAMES CRYSTAL LAKE FARMS ACQUISITION

Mar 15, 2017

    

Following acquisition of Crystal Lake Farms, West Liberty Foods LLC. will rename the company Liberty Free Range Poultry LLC. 

Gerald Lessard has been appointed to the position of president of the subsidiary.

  

   
 

Meijer to Expand Home Delivery

Mar 15, 2017

    

Meijer will introduce home delivery throughout its six-state presence using Shipt.

Orders can be placed from an inventory of 55,000 items on the Shipt app or from Meijer online.

 

The Meijer model requires a $99 annual membership fee and orders over $35 in value will be delivered at no charge.  Meijer operated a pilot program in Detroit to evaluate the program and filled more than 65,000 orders over a four-month period.

The home delivery program will commence in Grand Rapids on March 29th with Fort Wayne and Indianapolis, IN to follow.  Ultimately, the service will be extended to all major market in Michigan, Illinois, Indiana, Ohio, Kentucky and Wisconsin.

President and CEO of Meijer, Rick Keyes noted, “We are excited to expand our relationship with Shipt because together we can offer customers across the Midwest a whole new level of convenience, product variety and service not available before.”

It is anticipated that the expansion of the delivery service will create thousands of jobs in six states.

   
 

Confirming Incidence of ILT

Mar 15, 2017

    

A mid-Atlantic state with a significant broiler population uses PCR to confirm a diagnosis of ILT in growing flocks.  A positive finding sets in motion a quarantine, restricted movement of the flock to processing and mandatory heat treatment of houses before placement of a subsequent flock.

Field veterinarians affiliated to integrators have questioned the criterion of applying only PCR.  A diagnostic pathologist associated with the State’s  Diagnostic Laboratory maintains that histopathology is the gold standard for the diagnosis of ILT and that the presence of intranuclear inclusion bodies from eyelid and tracheal tissue should be correlated with the results of PCR. 

  

Since this topic is important to the industry, CHICK-CITE solicits responses from field veterinarians and diagnosticians concerning state and company policy relating to diagnosis of LT and subsequent action. Responses will be summarized with complete anonymity.

   
 

CHINA REPORTS H5N6 IN DUCKS

Mar 15, 2017

    

Officials in China confirmed a case of H5N6 strain Avian Influenza in a small flock of ducks near the city Daye in Hubei Province. 

The limited outbreak was controlled by depletion.

 

   
 

DISTINGUISH LINEUP OF SPEAKERS FOR THE ALLTECH ONE CONFERENCE

Mar 15, 2017

    

Alltech has announced the slate of headliners for the 2017 Annual Alltech Ideas Conference. 

They include:-

  • George Blankenship, an innovator with connections to Tesla Motors, Apple Computer and GAP Inc. will discuss creating brand loyalty and awareness and competitive positioning in the marketplace
  • Jack Bobo, Senior Vice President and Chief Communications Officer for Intrexon will offer a perspective on Global Trends in Agriculture and Science Communication
  • Dr. Peter Diamandis, Cofounder and Vice Chairman of Human Longevity Inc. and a Fortune Magazine “World’s Fifty Greatest Leaders” will review future trends in agriculture and society
 

Dr. Pearse Lyons will deliver his annual motivational address “Realizing Our Dreams Through Disruption” during the Plenum session.

Other Conference speakers will include:

  • Lisa Bodell, Founder and CEO of Futurethink
  • Damien McLoughlin, Professor of Marketing and Associate Dean at the University College, Dublin, Michael Smurfit Graduate Business School

The Conference will include breakout sessions on crop science, beef, dairy, swine, poultry and aquaculture and a topical session on finance, food issues and emerging markets.

The Alltech Ideas Conference (ONE-17) will be held May 21st through 24th in Lexington KY.

The Annual International Meeting now in its 33rd year and draws more than 3,000 attendees from over 70 nations.

   
 

PRESUMED EXTENSION OF AI FROM TENNESSEE INTO NEIGHBORING ALABAMA

Mar 15, 2017


    

Intensive surveillance initiated after the diagnosis of high-path H7N9 North American Lineage Avian Influenza in Tennessee, has revealed the presence of influenza virus at three farms in the Northern part of the state, contiguous with Tennessee.

Test results are pending to determine both pathogenicity and strain.

In addition to the index case in Lincoln County, Tennessee involving a high pathogenicity strain, low pathogenicity influenza was diagnosed on a broiler breeder farm unrelated to the index case diagnosed on March 5th

Both the flocks were depleted within 24 hours after the provisional diagnosis was made.

  

   
 

PROJECTED 2017 CORN AND SOYBEAN HARVESTS

Mar 15, 2017

    

Allendale Inc., an agricultural commodity broker based in Chicago has estimated harvests for the 2017 corn and soybean crops based on anticipated planting and yields extrapolated from past years. 

Based on planting 90.02 million acres and a yield of 168.17 bushels per acre, Allendale predict a harvest of 13.879 billion bushels.  This projection is lower than the 2016 harvest by 1.3 billion bushels.

  

Allendale projects a soybean crop of 4.141 billion bushels based on 87.96 million acres planted and a yield of 47.08 bushels per acre.

On March 14th, CME corn futures for March through July delivery were up approximately 2 cents at 11H00 CDT to 357.2. March soybeans were down 5 cents to 991.2 cents per bushel in anticipation of a large soybean harvest.

   
 

HENNING/ PARIC TO REFURBISH DES MOINES CITY HALL

Mar 15, 2017

    

Henning/Paric a joint-venture construction enterprise affiliated with the Henning Companies was selected as the general contractor to renovate the historic City Hall of Des Moines. 

 

This extensive project will involve removal and replacement of all electrical, mechanical and plumbing systems and installation of modern equipment including fire suppression, HVAC and communication.

It will be necessary to maintain the character, façade and substantial components of the building constructed in 1909 while effecting a complete modernization.  This complex project attests to the resources of the Henning Companies.

 

 

 

 

   
 

AVIAN GENETICS AND IMMUNITY SYMPOSIUM

Mar 10, 2017

    

The University Of Surrey, School Of Veterinary Medicine in the UK will present a Symposium on Avian Genetics and Immunity on June 19, 2017. 

Speakers will include

  • Professor David Burt of the Roslin Institute,
  • Professor Bernd Kaspers of the Ludwig-Maximillians University, Germany,
  • Professor Clarice Arns of the Institute of Biology University of Campinas Brazil,
  • Dr. Mark Fife and Professor Venugopal Nair of the Pirbright Institute UK,
  • Dr. Kelli Watson of the National Avian Research Facility, University of Edinborough
  •  Dr. Bertrand Bed-Hom Animal Genetics and Biology Institute, France.

The Symposium will address basic, applied and commercial aspects of research on Avian Genetics and Immunology. Proposals for platform and poster presentations are encouraged in the following areas:

  • Emerging themes in avian genetics and genomics
  • Pathogens and  immunization
  • Host-Pathogen interactions including virulence and pathogenicity
  • Novel approaches in studying avian immunogenetics

For further information contact Dr. Muhammad Munir Muhammad.munir@pirbright.ac.uk.

  

 

   






















 
Copyright 2017 Simon M. Shane