Wednesday, May 12, 2010

Meaty Results From Zhongpin and Tyson

These are pretty fat days to be in the protein business. Corn and soy prices, the two primary feed ingredients, are about as low as they have been in a few years, while prices for hogs and cattle are quite high. That margin, which goes by the somewhat grizzly name of "crush spread", is music to the ears of major meat producers like Tyson Foods (NYSE:TSN), while China's Zhongpin (Nasdaq:HOGS) also continues to see a benefit from ongoing economic development in its home country. 

http://stocks.investopedia.com/stock-analysis/2010/Meaty-Results-From-Zhongpin-And-Tyson-TSN-HOGS-SFD-MCD-YUM-PEP-KFT0512.aspx

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