Standard Margin News Today

TOP STORIES McDonalds Hit by Data Breach -- 2nd Update McDonalds Corp. said hackers stole some data from its systems in markets including the U.S., South Korea and Taiwan, in another...

TOP STORIES Concerns Over Meat Supply Ebb as JBS Plants Reopen After Cyberattack SYDNEY -- Production at JBS SA meat-processing plants in Australia is coming back online faster than...

LIVESTOCK HIGHLIGHTS : Top Stories of the Day 05/27/2021 | 05:38pm EDT Send by mail : Message : Sanderson Farms 2Q Profit Surges As Poultry Markets Improve Sanderson Farms Inc. reported a big rise in profit from a year earlier as net sales rose substantially amid an improvement in poultry markets. Net income at the company rose to $96.9 million, up from $6.1 million a year ago. Earnings were $4.34 a share, up from 28 cents a share. Earnings beat estimates from FactSet. Surging Commo...

LIVESTOCK HIGHLIGHTS : Top Stories of the Day 05/21/2021 | 05:07pm EDT Send by mail : Message : Corn Prices Threaten Ranchers Returns -- Market Talk 1131 ET - Corn slides today, but it remains about 40% higher for the year, bringing the prospect of an impact on beef producing costs, Purdue Universitys Michael Langemeier says. "The large increase in corn prices since the first of this year, holding all else constant, is expected to reduce cattle finishing net returns by approximately $90 p...

LIVESTOCK HIGHLIGHTS: Top Stories of the Day 05/12/2021 | 05:20pm EDT Send by mail : Message : Wendys 1Q Profit, Sales Rise Wendys Co. said its profit rose for the first quarter, driven by higher sales at company-operated restaurants, an increase in franchise-royalty revenue and an increase in advertising funds. The fast-food chain on Wednesday posted net income of $41.4 million, compared with $14.4 million in the prior year. Earnings were 18 cents a share, compared with 6 cents a share...

LIVESTOCK HIGHLIGHTS : Top Stories of the Day 04/23/2021 | 05:49pm EDT Send by mail : Message : Funds Cut Long Positions in Corn Managed money funds cut their long positions in corn for the week ended April 20, according to the CFTC. In its weekly Commitment of Traders report released Friday, the CFTC reported that fund traders cut their long positions in corn by nearly 16,000 contracts. However, funds remain holding a large net long position, at just over 380,000 contracts. STORIES...

LIVESTOCK HIGHLIGHTS : Top Stories of the Day 04/14/2021 | 05:28pm EDT Send by mail : Message : Covid-19 Still Shutting Meat Plants -- Market Talk 1233 ET - Though more essential workers are being vaccinated against Covid-19, infections among meatpacking workers are still forcing temporary plant shutdowns. Cargill says that on Tuesday it began idling its London, Ontario poultry plant, which processes 100,000 chickens a day, in what the company said was a precautionary step as cases rise i...

LIVESTOCK HIGHLIGHTS: Top Stories of the Day 02/24/2021 | 05:46pm EDT Send by mail : Message : Farmers Ask for Extension in Applying for Covid Relief -- Market Talk 12:13 ET - In the wake of bitter cold temperatures descending on farmlands across the country, the American Farm Bureau is asking the federal government to extend the deadline for applying for the Coronavirus Food Assistance Program, which would supply farmers $13B in aid. "The current deadline is this Friday, February 26, but ...

LIVESTOCK HIGHLIGHTS: Top Stories of the Day 01/21/2021 | 05:24pm EDT Send by mail : Message : JBS, Pilgrims Plan $100 Incentives for Employee Vaccinations -- Market Talk 16:06 ET - Meat companies JBS and Pilgrims Pride plans to offer a $100 incentive bonus to US employees who take a Covid-19 vaccination, an effort the companies say aims to maximize participation among their nearly 66,000 workers in the country. The companies internal surveys have shown likely participation rates between 6...

LIVESTOCK HIGHLIGHTS: Top Stories of the Day 12/21/2020 | 06:23pm EDT Send by mail : Message : Sheep Farmers Will Face Brexit Hurdles, Says Govt -- Market Talk 1521 GMT - The U.K. sheep-farming industry will face more red tape after the countrys planned EU departure, but potential help remains undecided, the government says. New regulations entering force next year that effectively will end movement of live breeding sheep between Great Britain and Northern Ireland may be catastrophic for t...