
Tag Archives Tyson Foods

Tyson sells stake in Beyond Meat
Reuters — Tyson Foods said on Wednesday it had sold its 6.5 per cent stake in vegan burger maker Beyond Meat, as the No. 1 U.S. meat processor looks to develop its own line of alternative protein products. The exit comes against the backdrop of rising tensions between the two companies after Tyson CEO Noel […] Read more

A+W to launch pulseburger next month
Canada’s second-biggest burger chain plans to roll out a new non-meat burger in the Canadian market starting in July. A+W Food Services of Canada on Thursday announced a July 9 release date for what it’s dubbed the Beyond Meat Burger at all its restaurants across the country, in what CEO Susan Senecal called “the fastest […] Read more

Tyson posts better-than-expected profit, bets on chicken
Reuters – Tyson Foods Inc reported stronger-than-expected quarterly results on Monday, sending its shares up 5 percent, and said it would ramp up chicken production in the face of record demand from U.S. consumers. Tyson said it spent more money on advertising and marketing for chicken in the third quarter ended on July 1, bringing […] Read more
Tyson Foods beefs up prepared foods with AdvancePierre buy
Reuters – Tyson Foods Inc, the No. 1 U.S. meat processor, said on Tuesday it would buy packaged sandwich supplier AdvancePierre Foods Holdings Inc for about $3.2 billion in cash, to expand its fast-growing portfolio of prepared food brands. Demand for meat-based snacks has been growing as Americans shun candy and overly processed foods. This […] Read more

Tyson accelerates shift away from antibiotics in chicken
Chicago | Reuters — Tyson Foods in June will switch its retail line of company-branded chicken products to birds raised without any antibiotics, a top executive said on Tuesday, accelerating the meat sector’s shift away from the drugs. The change will make Tyson, which is the largest U.S. chicken processor, into the world’s leading producer […] Read more

Tyson invests in non-meat protein
Reuters — Tyson Foods, the largest U.S. meat processor, took a five per cent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental and health risks by changing the way they source protein. Terms of the deal were not disclosed. Manhattan Beach, Calif.-based Beyond Meat sells plant-based burger […] Read more

Tyson cuts beef production due to cattle shortage
Reuters — Tyson Foods on Friday said it is permanently ceasing beef production at its plant in Denison, Iowa, effective immediately, as cattle ranchers work to rebuild shrunken herds following the severe Midwestern drought. The move by Tyson, the biggest U.S. meat processor, will affect 400 employees at the plant, which will continue byproduct rendering […] Read more

JBS to buy Cargill’s U.S. pork assets for US$1.45B
Reuters — JBS SA, the world’s largest meat packer, is buying Cargill’s U.S. pork business for US$1.45 billion, free of debt, it said in a statement on Wednesday, a deal that would make it one of the largest and most powerful meat companies in the U.S. The bid by the company’s JBS USA subsidiary comes […] Read more

Tyson to end use of human antibiotics in U.S. chickens by 2017
Chicago | Reuters –– Tyson Foods, the largest U.S. poultry producer, plans to eliminate use of human antibiotics in its chicken flocks by September 2017, one of the most aggressive timetables yet set by an American poultry company. The Arkansas-based chicken and meat company also said Tuesday it is working on ways to curtail such […] Read more

U.S. exports at risk as bird flu enters heart of poultry country
Chicago | Reuters — A case of bird flu confirmed Wednesday in the heart of America’s poultry region, is certain to mean more export restrictions, increasing U.S. supply and likely forcing the world’s biggest poultry companies to trim prices. The U.S. government announced the infection of highly pathogenic H5N2 avian flu in turkeys in Arkansas […] Read more
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