Tyson Foods hits record high, prepares for China profit boost

(Reuters) – Tyson Foods Inc reported better-than-expected quarterly earnings on Monday and reaffirmed expectations it will profit from the spread of a fatal hog disease in China, sending shares to a record high. Tyson has not yet reaped major financial gains from the deaths of millions of pigs in China‘s outbreak of African swine fever, Chief Executive […] Read more

U.S. cows and pigs gorge on bakery rolls, pet food as corn prices surge

CHICAGO, (Reuters) – U.S. farmers are feeding their livestock everything from outdated pet food and leftover bakery rolls to crops imported from South America after unprecedented spring planting delays boosted prices for locally grown corn. Corn is typically used to fatten hogs, cattle and poultry, but its high price has farmers in the $150 billion […] Read more

U.S. pursues rule that would remove 3.1M people from food stamps

CHICAGO, (Reuters) – The Trump administration on Tuesday will propose a rule to tighten food stamp restrictions that would cut about 3.1 million people from the program, U.S. Department of Agriculture (USDA) officials said. Currently, 43 U.S. states allow residents to automatically become eligible for food stamps through the Supplemental Nutrition Assistance Program, known as SNAP, if […] Read more