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Stock impact report

Meat supply threats grow with new shutdowns [MSN Money]

Hormel Foods Corporation (HRL) 
Last hormel foods corporation earnings: 2/20 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hormelfoods.com
Company Research Source: MSN Money
'Seinfeld,' 'Star Trek' actor Ge Dynarski di at 86Replay SETTINGSOFFHDHQSDLO by Yahoo FinancePlant shutdowns are leaving the U.S. dangerously close to meat shortag as coronavirus outbreaks now spread to suppliers across the Americas.Load ErrorAlmost a third of U.S. pork capacity is down, the first big poultry plants closed on Friday and experts are warning that domtic shortag are just weeks away. Brazil, the world’s No. shipper of chick and beef, saw its first major closure with the halt of a poultry plant owned by JBS SA, the world’s biggt meat company. Key operations are also down in Canada.While hundreds of plants in the Americas are still running, the staggering acceleration for supply disruptions is now raising qutions over global shortfalls.Tak together, the U.S., Brazil and Canada account for about 65% of the world’s meat trade.“It’s absolutely unprecedted,” said Brett Stuart, pridt of Dver-based consulting firm Global AgriTrds. “It’s a lose-lose situation where we have produc Show less Read more
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