April 21, 2015
Hormel Says Bird Flu Will Hurt Turkey Sales; Millions of Hens to Be Destroyed in Iowa
Hormel says it will sell less turkey this year because of a spreading bird flu outbreak. So far the virus has been found at farms housing 2.3 million turkeys, all of which have died of the disease, or have been killed or soon will be in order to stem the spread of avian flu. Most of the birds were in Minnesota, which is the largest turkey-producing state in the U.S. Big commercial farms have been hit hard, and Hormel said Monday it's experiencing significant turkey supply-chain problems. It expects outbreaks to decrease as the weather improves. Both Hormel and its Jennie-O Turkey Store division are based in Minnesota. Hormel, said it will provide more information about the turkey business during its earnings report on May 20...In related news, yesterday, the USDA announced that about 5.3M laying hens in northwest Iowa will be destroyed after tests confirmed a second outbreak of avian influenza in the state.
Des Moines Register