Mexico Begins Anti-dumping Probe Of U.S. Chicken

MEXICO CITY – Mexico, the top foreign buyer of U.S. chicken last year, said on Tuesday it would investigate U.S. producers over dumping complaints lodged by Mexican chicken processors.

Mexican chicken processors allege U.S. producers sold chicken legs and thighs on the Mexican market below their cost of production in 2010. Among the U.S. producers named in the complaint published on Tuesday in the government's official gazette were Tyson Foods Inc (TSN.N) and Pilgrim's Pride Corp (PPC.N).

Mexican imports of U.S. chicken surged 18 percent in the first 11 months of 2010 to 876.53 million pounds to displace Russia as the biggest buyer of U.S. chicken, according to the U.S. Department of Agriculture.

To read the rest of the story, please go to: Reuters