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Pork processor margins tighten up

Published 02/13/2018, 01:03 PM
© Reuters.  Pork processor margins tighten up
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  • Morgan Stanley (NYSE:MS) warns that pork processor margins could continue to get squeezed as capacity increases this year at a faster clip than hog supply.
  • Last week, pork processor margins were down 45% Y/Y to mark the worst decline since September.
  • Pork accounts for 20% of total profit at Tyson Foods (TSN -0.3%) and 45% at Hormel (HRL -0.5%), according to MS.
  • Now read: This Dividend Champion Is Offering A Discount On Its Share Price


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