Friday, February 03, 2006

Con Agra

You've heard of them. They're in the news. Interesting news. They've put their cold meats arm up for sale. This includes Butterball Turkeys, luncheon meats, Armour Brands. It's a very interesting move. Speculators have begun the task of trying to choose just who will end up with the company. Some say Sara Lee, others Kraft. I'd bet a third unknown, not so well known, company may emerge as the best suitor.

But that's not what I'm interested in with this sale. On the mounting scares of mad cow disease, bird flu, and lysteria problems in the world of processed meats, I think Con Agra has just finally had enough. Of course that won't be the company line, but I do think it is helping make this decision. I know I'd be more than happy to get rid of perceived future troubles. It is a growing problem in the food processing industry. More and more, processors are finding the old ways of dealing with bacteria just aren't working. Germs are becoming more resistant and new ways of dealing with them seem to always be a step behind. This is an article talking about the coming bird flu epidemic from the Orlando Sentinel

Watch the news. It will be interesting to see how this sale goes.