financetom
Business
financetom
/
Business
/
Market Chatter: Tyson Foods, Meat Producers' China Export Registration
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Tyson Foods, Meat Producers' China Export Registration
Mar 17, 2025 3:02 AM

05:41 AM EDT, 03/17/2025 (MT Newswires) -- Tyson Foods ( TSN ) and other US meat producers are in danger of losing billions of dollars in Chinese revenue after Beijing allowed their registration status of their export permit to expire, Reuters reported Monday.

The registration statuses for US pork, beef and poultry plants were changed from "effective" to "expired," Reuters reported the website of China's General Administration of Customs as saying.

A halt to exports from the US could lead to losses for American companies, Reuters reported.

The US last year was the second largest meat exporter by value and third largest by volume to China, the largest importer of meat in the world, the report said.

Tyson and the General Administration of Customs did not immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Barbie-maker Mattel teams up with OpenAI, eyes first AI-powered product this year
Barbie-maker Mattel teams up with OpenAI, eyes first AI-powered product this year
Jun 12, 2025
(Reuters) -Mattel ( MAT ) has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said on Thursday. The company, which also makes Hot Wheels and Uno cards, plans to bring the magic of AI to age-appropriate play experiences with an emphasis on innovation,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
New Found Gold Trading Higher As Closes Second Tranche Of C$63 Million Bought Deal Financing
New Found Gold Trading Higher As Closes Second Tranche Of C$63 Million Bought Deal Financing
Jun 12, 2025
10:48 AM EDT, 06/12/2025 (MT Newswires) -- New Found Gold ( NFGC ) , up 4% at last look, on Thursday said it has closed the second and final tranche of its bought-deal financing, raising $21.4 million. The second tranche consisted of 9.345 million charity flow-through shares, including the exercise in full of the over-allotment option. Mining magnate Eric Sprott...
Perpetua Resources Upsizes Bought Deal Financing to $325 Million; Shares Fall
Perpetua Resources Upsizes Bought Deal Financing to $325 Million; Shares Fall
Jun 12, 2025
10:50 AM EDT, 06/12/2025 (MT Newswires) -- Perpetua Resources ( PPTA ) said Thursday it has increased the size of its previously announced bought deal offering due to strong investor interest. The company said it will now issue 24.6 million common shares at $13.20 each, raising about $325 million in gross proceeds. In addition, Paulson & Co. will buy $100...
Copyright 2023-2026 - www.financetom.com All Rights Reserved