The impact of Hurricane Florence has left poultry and hog farmers across the state with damages to their homes, land, and essential farm equipment. Farmers may also face the added […]
August 29, 2018— According to Bloomberg, Tyson Foods closed a deal to purchase Keystone Foods LLC from Marfrig Global Foods SA for a reported $2.16 billion. Tyson, along with three other companies (Pilgrim’s Pride, Sanderson Farms, and Perdue Farms), currently controls more than half of the U.S. poultry industry. With this purchase, Tyson will now have a larger global reach as Keystone Foods is a main supplier of chicken nuggets to McDonald’s Corp.