Thailand, which bought less than 0.1 percent of total U.S. beef exports in 2011, may suspend imports from the U.S. after the first case of mad cow in six years.
The RPI - a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry - stood at 102.2 in March, up 0.3 percent from February.
The company recognized net income of $39.6 million during the first quarter of 2012, compared to a loss of $119.9 million in the same quarter of the prior year.
The Occupational Safety and Health Administration has cited American Foods Group LLC with seven safety violations – including one repeat – at the company's Sharonville, OH, meat processing facility.
The investors behind the proposed beef plant in Tama, Iowa, are hoping to have the facility up and running by June, though the plant's owners say that renovations are still ongoing and that more startup capital is needed.
Eckrich announced a partnership with Operation Homefront, a nonprofit organization that provides emergency financial assistance to the families of United States service members and wounded warriors.
The U.S. government has confirmed the first case of mad cow disease in six years, but is stressing that there is no threat to human health and no danger of the meat entering the food chain.
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