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Weekly global protein digest - Avian influenza on the rise, US-Canadian dairy access, South American beef exports

Weekly global protein digest - Avian influenza on the rise, US-Canadian dairy access, South American beef exports
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United statesHong kongSouth koreaWhite houseDistrict of columbiaDominican republicNorth carolinaBrad finstadr iowaChuck grassleyr iowaTom vilsackScott haysGt thompsonr paFernando queirozKatherine taiJim wyckoffNational pork producers council

Weekly global protein digest - Avian influenza on the rise, US-Canadian dairy access, South American beef exports

Livestock analyst Jim Wyckoff shares protein news from around the world

United statesDominican republicHong kongNorth carolinaSouth koreaWhite houseDistrict of columbiaTom vilsackChuck grassleyr iowaGt thompsonr paJim wyckoffFernando queirozBrad finstadr iowaScott haysKatherine taiTrial for new swine inspection system

UPDATE 4-Mexico s Cemex sees shares surge after profits rise sharply

By Reuters Staff (Adds details from earnings call) MONTERREY, April 29 (Reuters) - Mexican cement producer Cemex reported on Thursday a more than 15-fold jump in first-quarter profit, beating analyst expectations and sending its stock price surging. The global cement giant said the results were boosted by higher sales in the United States and in Mexico, as well as by higher cement volumes in most of its markets and higher product prices in Mexico and across Latin Americas plus the Caribbean regions. In early morning trading, shares of the company rose 4.85% to their highest level since October 2017. Cemex’s net income during the first three months of the year rose to $665 million in the quarter from $42 million in the same period last year.

Mexico cityDistrito federalUnited statesNuevo leóxLaura gottesdienerAnkit ajmeraChizu nomiyamaNoe torresEdmund blairVinay dwivediFernando gonzalezThomson reuters trust principlesLatin americasChief executive fernandoSouth americaCentral america

UPDATE 3-Mexico s Cemex sees shares surge after profits rise sharply

By Reuters Staff (Adds details from earnings call) MONTERREY, April 29 (Reuters) - Mexican cement producer Cemex reported on Thursday a more than 15-fold jump in first-quarter profit, beating analyst expectations and sending its stock price surging. The global cement giant said the results were boosted by higher sales in the United States and in Mexico, as well as by higher cement volumes in most of its markets and higher product prices in Mexico and across Latin Americas plus the Caribbean regions. In early morning trading, shares of the company rose 4.85% to their highest level since October 2017. Cemex’s net income during the first three months of the year rose to $665 million in the quarter from $42 million in the same period last year.

Mexico cityDistrito federalUnited statesNuevo leóxLaura gottesdienerAnkit ajmeraChizu nomiyamaNoe torresEdmund blairVinay dwivediFernando gonzalezThomson reuters trust principlesLatin americasChief executive fernandoSouth americaCentral america