Tom's Feed
Mar 30, 2015

U.S. plans to dig deeper on antibiotics given to livestock

CHICAGO (Reuters) – The U.S. government next year plans to begin collecting more detailed data on antibiotics used on farms in a potential precursor to set targets for reduced use of the drugs in animals.

The U.S. Department of Agriculture (USDA) is waiting for approval of federal funding to add questions about antibiotics to annual surveys of livestock producers as part of a bid to determine the most-complete national usage estimates ever in cattle, hogs and poultry, according to the agency.

Mar 25, 2015

Judge approves ex-Watergate lawyer to probe Caesars bankruptcy

CHICAGO, March 25 (Reuters) – A lawyer who made his name as
a Watergate prosecutor was approved on Wednesday to begin
investigating a series of corporate deals in the lead-up to the
bankruptcy of the casino operating unit of Caesars Entertainment
Corp.

Richard Davis, a former partner at bankruptcy powerhouse
Weil Gotshal & Manges, will investigate whether the operating
unit received fair value for choice properties including the
Linq complex in Las Vegas. Davis was given a wide-ranging role
by the judge who tasked him with investigating potential
conflicts of interest by the bankrupt unit.

Mar 25, 2015

Judge approves ex-Watergate lawyer to probe Caesars’ unit bankruptcy

CHICAGO (Reuters) – A lawyer who made his name as a Watergate prosecutor was approved on Wednesday to begin investigating a series of corporate deals in the lead-up to the bankruptcy of the casino operating unit of Caesars Entertainment Corp (CZR.O: Quote, Profile, Research, Stock Buzz).

Creditors allege those deals looted billions of dollars from the operator of 38 casinos for the benefit of the parent company, which is not bankrupt, and its private equity backers, Apollo Global Management (APO.N: Quote, Profile, Research, Stock Buzz) and TPG Capital.

Mar 24, 2015

World’s top chicken producers pressured by U.S. supply outlook

CHICAGO, March 24 (Reuters) – Shares of the world’s biggest
poultry producers fell on Tuesday as expectations for an
increasing U.S. chicken supply to pressure profit margins
overshadowed a decision by top importer Mexico to ease trade
restrictions.

Poultry companies have been enjoying large profits recently
thanks to high meat prices and declining feed costs. However, a
larger-than-expected rise in chicken supplies could push down
prices and squeeze margins, analysts said.

Mar 23, 2015

U.S. developing bird flu vaccine, no distribution plans yet

CHICAGO, March 23 (Reuters) – The U.S. government is
developing a vaccine to protect poultry from new strains of
avian flu that have recently killed birds from Arkansas to
Washington state.

Within two months, scientists at a U.S. Department of
Agriculture (USDA) research lab in Georgia will test the vaccine
on chickens to see how well it prevents them from getting sick
and dying of the virus, which the government says is spread by
wild birds.

Mar 23, 2015

U.S. developing bird flu vaccine, no plans to distribute it yet

CHICAGO (Reuters) – The U.S. government is developing a vaccine to protect poultry from new strains of avian flu that have recently killed birds from Arkansas to Washington state.

Within two months, scientists at a U.S. Department of Agriculture (USDA) research lab in Georgia will test the vaccine on chickens to see how well it prevents birds from getting sick and dying of the virus. The government has linked its spread to wild birds that carry it and then infect domestic flocks.

Mar 20, 2015

Monsanto weed killer can ‘probably’ cause cancer: World Health Organization

CHICAGO (Reuters) – The world’s most widely-used weed killer can “probably” cause cancer, the World Health Organization said on Friday.

The WHO’s cancer arm, the International Agency for Research on Cancer (IARC), said glyphosate, the active ingredient in the Monsanto Co herbicide Roundup, was “classified as probably carcinogenic to humans”.

Mar 16, 2015

US may impose tougher curbs to contain bird flu in Arkansas

CHICAGO, March 16 (Reuters) – U.S. authorities are
considering imposing tougher restrictions in Arkansas to contain
a virulent strain of avian flu in the heart of America’s poultry
region in a bid to minimize international trade disruptions and
contain the virus.

The H5N2 flu discovered in Arkansas last week is the state’s
first case of a strain that causes massive internal hemorrhaging
in poultry, can kill nearly every bird in an infected flock
within 48 hours, and is prone to mutate. Such strains are
sometimes called “chicken Ebola.”

Mar 14, 2015

USDA reports virulent strain of avian flu in Kansas poultry

CHICAGO (Reuters) – The U.S. Department of Agriculture has identified the first infection of a virulent strain of avian flu in poultry in Kansas, confirming the virus has spread into a migratory bird route that runs through the center of the country.

The discovery of the H5N2 flu strain in a backyard chicken and duck flock in a county just outside Kansas City, Kan., is certain to lead to expanded restrictions on U.S. poultry exports from top trading partners like Mexico and Canada.

Mar 13, 2015

U.S. bird experts mystified by Midwest avian flu spread

CHICAGO (Reuters) – A virulent strain of avian flu that has killed turkeys in the heart of the nation’s poultry region has been found through molecular testing to be nearly identical to viruses isolated in migratory ducks.

But some wildlife experts are skeptical of suggestions that wild birds are responsible for spreading the H5N2 flu strain that has infected poultry in Minnesota, Missouri and Arkansas.