Black Friday Sale! Save huge on InvestingProGet up to 60% off

Tyson pork plant in Indiana suspended from exporting to China -USDA

Published 08/29/2022, 07:02 PM
Updated 08/29/2022, 07:05 PM
© Reuters. FILE PHOTO: The logo of Tyson Foods is seen in Davos, Switzerland, May 22, 2022. REUTERS/Arnd Wiegmann
TSN
-

By P.J. Huffstutter

CHICAGO (Reuters) - Tyson Foods Inc (NYSE:TSN)'s pork processing plant in Logansport, Indiana, has been suspended from exporting products to China, the U.S. Department of Agriculture said on Monday.

The suspension is effective Aug. 29, the agency said.

Neither USDA nor the company on Monday said why exports to China from the Tyson Fresh Meats plant has been halted.

In a statement to Reuters, Tyson said, "We work closely with the U.S. Department of Agriculture's Food Safety and Inspection Service to ensure that we produce all of our food in full compliance with government safety requirements. We're confident our products are safe and we're hopeful consultations between the U.S. and Chinese governments will resolve this matter."

© Reuters. FILE PHOTO: The logo of Tyson Foods is seen in Davos, Switzerland, May 22, 2022. REUTERS/Arnd Wiegmann

China has banned meat imports from various processing plants in several countries in the past, over concerns of importing coronavirus. Most global health agencies have said the risk of the virus spreading on surfaces is low.

In 2020, Tyson reported that the plant had more than 2,200 employees and produced three million pounds of pork daily.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.