Tyson Foods posted a loss of $97 million in the first quarter. That compares to net income of $829 million one year ago. This was the first quarterly loss for the largest U.S. meat producer since the fourth quarter of 2009. Sales of beef, pork and chicken are down. In contrast, feed prices and labor costs were up.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.