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Chicken stocks hit by antibiotic concerns

Mar. 11, 2015 10:00 AM ETTyson Foods, Inc. (TSN) StockHRL, SAFM, PPC, TSN, BRFSBy: Clark Schultz, SA News Editor4 Comments
  • 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)

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Comments (4)

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Diligent Investor profile picture
Suspected avian bird flu in Arkansas located in the heart of the chicken industry other countries to ban us chicken imports
Paraboliczar profile picture
ZTS, nice moat. Ackman likes it.
11 Mar. 2015
Absolutely delayed reaction.. I don't even believe it's the reason for the downfall..anyway adding on weakness
Patent News profile picture
Delayed reaction, hehe

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