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Sector Snap: Pork Producers Dip On Swine Flu Fears
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MICHELLE CHAPMAN
NEW YORK (AP) — Investors sent shares of U.S. pork producers sharply lower Monday following a swine flu outbreak, ignoring reassurances by some of the biggest companies in the sector that their meat is safe.
The swine flu is suspected to have killed more than 100 people in Mexico and sickened 1,600, with the virus spreading to countries such as the U.S., Canada and Spain.
Tyson Foods Inc., the world's largest meat producer, said Monday that its pork products are safe and it does not have pork processing operations or hog farms in Mexico. ...
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