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via seekingalpha.comBusiness & Companies

Poultry stocks fall as Newcastle disease detected in Brazil

FROM THE WIRE · SEEKINGALPHA.COM

[turkey farm. turkey close-up. turkey rearing concept] Sergii Kolesnikov/iStock via Getty Images A severe poultry disease in the world’s largest chicken exporter is weighing on shares of Tyson Foods (TSN [https://seekingalpha.com/symbol/TSN]), Pilgrim’s Pride (PPC…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishBrazil is the world's largest chicken exporter, so the outbreak can weigh on the whole poultry sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brazil's Agriculture Ministry reported a new Newcastle disease case in Santa Catarina.
  2. 02The ministry closed the affected facility and suspended poultry movement.
  3. 03The viral disease affects the respiratory, nervous and digestive systems of poultry.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Tyson Foods, Inc.TSNStock54.00 USDMarket closedtoday -1.64%Negative Pilgrim's Pride CorporationPPCStock28.53 USDMarket closedtoday -3.06%Negative Jbs N.V.JBSStock12.90 USDMarket closedtoday -1.00%Negative MBRF Global Foods Company S.A.MBRFYStock3.57 USDMarket closedtoday -1.11%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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