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Tyson pork plant in Indiana suspended from exporting to China -USDA

By P.J. Huffstutter CHICAGO (Reuters) - Tyson Foods Inc (NYSE:TSN)'s pork processing plant in Logansport, Indiana, has been suspended from exporting products to China, the U.S....
Tyson pork plant in Indiana suspended from exporting to China -USDA © Reuters. FILE PHOTO: The logo of Tyson Foods is seen in Davos, Switzerland, May 22, 2022. REUTERS/Arnd Wiegmann

By P.J. Huffstutter

CHICAGO (Reuters) - Tyson Foods Inc (NYSE:TSN)'s pork processing plant in Logansport, Indiana, has been suspended from exporting products to China, the U.S. Department of Agriculture said on Monday.

The suspension is effective Aug. 29, the agency said.

Neither USDA nor the company on Monday said why exports to China from the Tyson Fresh Meats plant has been halted.

In a statement to Reuters, Tyson said, "We work closely with the U.S. Department of Agriculture's Food Safety and Inspection Service to ensure that we produce all of our food in full compliance with government safety requirements. We're confident our products are safe and we're hopeful consultations between the U.S. and Chinese governments will resolve this matter."

China has banned meat imports from various processing plants in several countries in the past, over concerns of importing coronavirus. Most global health agencies have said the risk of the virus spreading on surfaces is low.

In 2020, Tyson reported that the plant had more than 2,200 employees and produced three million pounds of pork daily.

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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SJC Eximbank8,300/ 8,500
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SJC 0,5c7,380/ 7,560
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SJC 99,99%7,370/ 7,470
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(0/ 0) # 386
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