U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
U.S. cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
Tyson lifts 2025 sales forecast, prepares for tariff impacts
Strong demand for beef and chicken
U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares three per cent.
Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.
Return of US drought delays cattle-herd rebuilding, hurting Tyson Foods
The return of drought in U.S. cattle-producing areas is delaying ranchers' plans to expand production after the nation's herd shrank to its smallest level in seven decades, farmers and analysts said.
McDonald’s sues major beef producers in US price-fixing lawsuit
Reuters – McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the fast food giant to pay artificially higher prices. McDonald’s said in a lawsuit filed on Friday in Brooklyn federal court that the meatpackers, also including Cargill […] Read more
Green group sues Tyson Foods for allegedly false climate claims
An environmental group is suing U.S.-based meat processor Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050 and marketing climate-friendly beef without meaningful plans to achieve those goals.
Tyson Foods shares sink on worries over consumer demand, third quarter
Reuters – Tyson Foods TSN.N shares were on track for their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming results. The Arkansas-based meatpacker reported second-quarter sales that fell short of analysts’ estimates, though profits […] Read more
Tyson Foods to close Iowa pork plant with 1,200 workers
Packer's pork business saw loss of $128 million in last fiscal year
Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday, eliminating jobs for about 1,200 workers.
Tyson Foods, Cargill idle Kansas beef plants due to snowstorm
Blizzards shut down roads, stranded some workers at packing plants overnight
Tyson Foods and Cargill said on Tuesday they suspended operations at beef plants in Kansas due to a massive snowstorm, reducing U.S. meat production.
Tyson Foods plant closure raises antitrust concerns among US farmers, experts
Reuters – Tyson Foods Inc TSN.N gave its chicken suppliers two months’ notice of its plan to shut a Virginia processing plant in May, raising concerns among farmers and legal experts about the company’s compliance with antitrust regulations requiring it to give 90 days’ notice before ending a contract. The planned closure of the plant has left […] Read more
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