Tyson Foods says assessing China's chicken duties
CHICAGO |
CHICAGO Feb 5 (Reuters) - Red meat and chicken producer Tyson Foods Inc (TSN.N) said it has not had time to study the details of China's anti-dumping duties on U.S. chicken.
"We are still assessing that. We just saw the notification and we have not had a chance yet to sort out all of the issues," a Tyson official said during the company's earnings conference call on Friday.
China said early on Friday it assessed duties against U.S. chicken producers accusing them of selling chicken there at below cost. Chicken feet and wings are commonly sold to China.
Tyson got the lowest duty of 43.1 percent. Duties on other companies ranged from 64.5 to 80.5 percent, the Chinese said. The duties go into effect Feb. 13. (Reporting by Bob Burgdorfer; Editing by Derek Caney)
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