Tyson Foods has entered into a $1 billion senior secured credit facility with JPMorgan Chase bank, Reuters reports. The credit, secured by the company's cash, accounts receivable and inventory, will
A federal judge has rejected a motion to dismiss the illegal immigration and bank fraud charges against Agriprocessors Inc. Attorneys for Sholom Rubashkin and Agriprocessors has argued that the proceedings
Louisiana Governor Bobby Jindal has put together an emergency task force consisting of most of his cabinet as well as Agriculture Commissioner Mike Strain to find a strategy that would
A supervisor arrested after last July's Agriprocessors Inc. meatpacking plant raid in Iowa has been sentenced to nearly two years in federal prison for harboring illegal immigrants. Martin De La
Hormel Foods Corp., announced that the company’s common stock was added to the Standard & Poor’s 500 Index after the market closed on Tuesday, March 3. “We are honored to
Cargill has partnered with its retail grocery customers to launch the “Feed the Whole Family for $10” campaign. Cargill is providing point-of-purchase signage, on-pack stickers, four full-color recipe cards –
Lucy's Enterprises, Inc., a Kent, Wash., establishment, is recalling approximately 13,776 pounds of frozen, ground chicken products that may contain foreign materials, the U.S. Department of Agriculture's Food Safety and
Pilgrim’s Pride Corp. today announced plans to idle three of its 32 U.S. chicken processing plants by mid-May as part of its reorganization. The idling of these three underperforming plants
Sanderson Farms reported a first-quarter net loss of $6.7 million and net sales for $388.9 million. “The results for the first quarter of fiscal 2009 reflect prevailing economic conditions and
Kathleen Merrigan President Barack Obama today announced his intention to nominate Kathleen A. Merrigan to be Deputy Secretary of Agriculture. “We at the U.S. Department of Agriculture welcome the President's
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