Meat and Poultry Industry News

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Sanderson Farms shares dropped 4 percent on Monday as an analyst predicts the poultry producer's third-quarter loss will be bigger than Wall Street's forecast due to falling chicken prices and higher feed costs.

Beloit fire officials say an air compressor exploded at a Hormel Foods production facility, leading to a fire that caused an estimated $50,000 in damage. No injuries were reported.

Vantage Foods, a Lenoir, N.C. establishment is recalling approximately 1,642 pounds of ground beef products that may contain foreign material, the U.S. Department of Agriculture’s Food Safety and Inspection Service announced.

North Carolina Governor Beverley Perdue brought together city and coubty leaders fighting over a proposed poultry plant for Sanderson Farms last week. Leaders from Nash County and the city of Wilson met with the governor in an attempt to find a resolution to the disputed plant, reports the Rocky Mount Telegram.