Asia Pacific | Japan denies progress made in beef trade talksAfter reports la...

Asia Pacific

Japan denies progress made in beef trade talks
After reports last week that U.S. and Japanese trade officials were making progress in negotiations regarding opening Japan's border to U.S. beef, a top Japanese official denied such progress had been made.

Pork, Australian beef boost Swift's record fourth-quarter income
Strong performances in pork sales and the Australian beef segment helped Greeley, Colo.-based Swift & Co. achieve record net income for the fourth quarter of fiscal 2004.

COMPETITION STIFFENS
Australia is facing stronger competition from New Zealand in meeting Taiwan’s beef needs.

USA

Tyson lowers earnings forecast thanks to BSE and closed plants
Despite earlier, more optimistic projections, Springdale, Ark.-based Tyson Foods Inc. lowered its earnings forecast for this fiscal year, citing plant closings and decreased demand due to consumer fears of bovine spongiform encephalopathy.

PERFECTING PORK
Seaboard Farms receives USDA approval for Process Verified pork.

Asia Pacific

Japan denies progress made in beef trade talks
After reports last week that U.S. and Japanese trade officials were making progress in negotiations regarding opening Japan's border to U.S. beef, a top Japanese official denied such progress had been made.

Pork, Australian beef boost Swift's record fourth-quarter income
Strong performances in pork sales and the Australian beef segment helped Greeley, Colo.-based Swift & Co. achieve record net income for the fourth quarter of fiscal 2004.

COMPETITION STIFFENS
Australia is facing stronger competition from New Zealand in meeting Taiwan’s beef needs.

USA

Tyson lowers earnings forecast thanks to BSE and closed plants
Despite earlier, more optimistic projections, Springdale, Ark.-based Tyson Foods Inc. lowered its earnings forecast for this fiscal year, citing plant closings and decreased demand due to consumer fears of bovine spongiform encephalopathy.

PERFECTING PORK
Seaboard Farms receives USDA approval for Process Verified pork.