Promises Research Into New, Improved Ways to Raise Farm Animals
Will Appoint Outside Animal Well-being Advisory Committee
SPRINGDALE, Ark., Oct. 12, 2012 (GLOBE NEWSWIRE) -- Tyson Foods, Inc., (NYSE:TSN) the nation's leading producer of meat and poultry, today announced it is launching a program to personally audit the treatment of animals at the livestock and poultry farms that supply the company. The effort is in line with the company's core value to serve as a steward of the animals entrusted to it."Our company is made up of ethical, responsible and compassionate people, and we believe the family farmers who supply us share our values," said Donnie Smith, president and CEO of Tyson Foods. "We know more consumers want assurance their food is being produced responsibly, and we think two important ways to do that are by conducting on-farm audits while also continuing to research ways to improve how farm animals are raised." "Here's what I want people to know: at Tyson, we care enough to check on the farm; and we're determined to help find better ways to care for and raise healthy animals," said Smith. Tyson currently works with more than 12,000 independent livestock and poultry farmers. This includes 5,000 family poultry farmers, 3,000 family hog farmers and 4,000 family cattle farmers. The company has long been an industry leader in animal welfare, employing more than a dozen veterinarians and maintaining an Office of Animal Well-being since 2000. "We believe the farmers who supply us are the best in the world, and I think the audits will verify this," Smith said. "But, if we find problems, we want them fixed right away. To our knowledge, no other major U.S. meat or poultry company offers this kind of service to its farmers, customers and consumers." FarmCheck™ Audit Program The audits – called the Tyson FarmCheck™ Program – have already begun on a trial basis on some of the 3,000 independent hog farms that supply the company. Auditors are visiting the farms to check on such things as animal access to food and water, as well as proper human-animal interaction and worker training. The FarmCheck™ program has been under development since early spring 2012. Although Tyson personnel have been conducting the audits so far, the company plans to ultimately involve independent, third party auditors. It also intends to expand the program to include chicken and cattle farms by January 2014. The audits are being developed by experienced veterinarians and animal welfare experts and are expected to include measures that build upon current voluntary farm industry programs.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV