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 >
Cactus Q4 Adjusted Earnings, Revenue Decline
Cactus Q4 Adjusted Earnings, Revenue Decline
Feb 26, 2025
05:41 PM EST, 02/26/2025 (MT Newswires) -- Cactus (WHD) reported Q4 adjusted earnings late Wednesday of $0.71 per diluted share, down from $0.81 a year earlier. Analysts polled by FactSet expected $0.71. Revenue for the quarter that ended Dec. 31 was $272.1 million, down from $274.9 million a year earlier. Analysts surveyed by FactSet expected $277.7 million. ...
Essential Utilities Q4 Net Income, Revenue Rises; 2025 Outlook Affirmed
Essential Utilities Q4 Net Income, Revenue Rises; 2025 Outlook Affirmed
Feb 26, 2025
05:40 PM EST, 02/26/2025 (MT Newswires) -- Essential Utilities ( WTRG ) reported Q4 net income late Wednesday of $0.67 per diluted share, up from $0.50 a year earlier. Three analysts polled by FactSet expected $0.68. Revenue for the quarter ended Dec. 31 rose to $604.4 million from $479.4 million a year earlier. Three analysts surveyed by FactSet expected $643.2...
Crescent Energy Swings to Q4 Loss, Revenue Rises; Quarterly Dividend Maintained
Crescent Energy Swings to Q4 Loss, Revenue Rises; Quarterly Dividend Maintained
Feb 26, 2025
05:41 PM EST, 02/26/2025 (MT Newswires) -- Crescent Energy ( CRGY ) reported a Q4 loss late Wednesday of $0.70 per diluted share, swinging from earnings of $0.61 a year earlier. Analysts surveyed by FactSet expected EPS of $0.33. Revenue for the quarter ended Dec. 31 was $875.3 million, up from $657.7 million a year earlier. Analysts surveyed by FactSet...
SunOpta Down 3.3% After Hours on a Mixed Performance For Its Q4 Earnings
SunOpta Down 3.3% After Hours on a Mixed Performance For Its Q4 Earnings
Feb 26, 2025
05:39 PM EST, 02/26/2025 (MT Newswires) -- SunOpta ( STKL ) was last seen down 3.3% in after-hours Nasdaq trading after the company on Wednesday delivered a mixed performance on earnings for the fourth quarter, though revenues were higher, while the company introduced its outlook for fiscal 2025 and said it continues to expect strong growth in revenue and adjusted...
Copyright 2023-2026 - www.financetom.com All Rights Reserved