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rancher
Rancher
Joined: 10 Feb 2005
Posts: 1059
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 Posted: Mon Mar 14, 2005 4:36 pm Post subject: Tyson and Cargill |
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America's two largest packers, Tyson Foods Inc. and Cargill Inc., both own plants in Canada, which they have expanded in the past two years. Both companies' financial statements have mentioned their Canadian operations as the bright spots amid otherwise poor financial performance since the border closed.
According to Statistics Canada, Canada has about 3 million steers and heifers intended for market -- 40 percent more than it did a year ago.
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Murgen
Rancher
Joined: 12 Feb 2005
Posts: 2117
Location: Ontario
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| Posted: Mon Mar 14, 2005 4:44 pm Post subject: |
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| Yep, also heard that Cargill and Tyson are buying up a lot of Cardboard lately, that market has been going crazy lately!
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Mike
Rancher
Joined: 10 Feb 2005
Posts: 16951
Location: Montgomery, Al
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| Posted: Mon Mar 14, 2005 4:49 pm Post subject: Re: Tyson and Cargill |
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| rancher wrote: |
America's two largest packers, Tyson Foods Inc. and Cargill Inc., both own plants in Canada, which they have expanded in the past two years. Both companies' financial statements have mentioned their Canadian operations as the bright spots amid otherwise poor financial performance since the border closed.
According to Statistics Canada, Canada has about 3 million steers and heifers intended for market -- 40 percent more than it did a year ago. |
Canada would be much better off with these two companies expanding and looking after the Canadian producers.  If they were to quadruple in size and merge you would REALLY be in good hands according to SH. Remember, the bigger the company, the more efficient they are, the more efficient they are the more they make, UUUUMM, I mean, the more they pay. 
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Murgen
Rancher
Joined: 12 Feb 2005
Posts: 2117
Location: Ontario
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