Chicken stocks hit by antibiotic concerns

• Chicken stocks trade weaker on concerns the push to remove certain antibiotics from hatcheries could raise costs or that inaction could crimp demand.
• The issue has been teed up nationally after McDonald's made a strong statement last week with its new sourcing policy.
• Decliners: Tyson Foods (NYSE:TSN) -4.7%, Sanderson Farms (NASDAQ:SAFM) -4.1%, BRF (NYSE:BRFS) -2.4%, Hormel Foods (NYSE:HRL) -0.6%, Pilgrim's Pride (NYSE:PPC) -6.6%.
• Previously: McDonald's unveils menu sourcing initiatives (Mar. 04 2015)

Comments

[Diligent Investor]

Suspected avian bird flu in Arkansas located in the heart of the chicken industry other countries to ban us chicken imports

[Paraboliczar]

ZTS, nice moat. Ackman likes it.

[10zin]

Absolutely delayed reaction.. I don't even believe it's the reason for the downfall..anyway adding on weakness

[Patent News]

Delayed reaction, hehe