Markets in 60 seconds: 6/16/14

Markets in 60 seconds: 6/16/14

Roaster change: The U.S. Department of Agriculture's Food Safety & Inspection Service announced that it will allow chickens younger than eight weeks of age to be labeled as "roasters," provided that all other characteristics meet the standard of a roaster, such as a ready-to-cook carcass weight of 5 lb. or more, tender meat with soft, pliable and smooth-textured skin and a breastbone cartridge that is somewhat flexible versus a broiler or fryer.

Pork to China: The Food Safety & Inspection Service updated its export library to include requirements for pork exported to China. All pork and pork products shipped to China after July 1 must test negative for ractopamine, in accordance with the ractopamine residue program or the Never Fed Beta Agonist program.

Dairy plants close: Danone announced plans last week to close plants in Italy, Germany and Hungary as a result of declining fresh dairy sales in Europe. In a statement, the company said the plant closures, along with a gradual shift in production volumes to Belgium, Poland, Germany and France, should allow its fresh dairy products division to be more competitive in Europe.

Volume:86 Issue:24

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