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Articles tagged under: Tyson Foods

A Difficult Quarter for Tyson Foods

Published May 9, 2023

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…
Latest NewsAg BusinessLivestock

Tyson Foods Suffers Significant Quarterly Decline

Published February 7, 2023

Tyson Foods is reporting quarterly profits of $316 million, down from $1.1 billion one year ago. This is the company’s largest year-over-year decline in quarterly net income since 2009.
Latest NewsAg Business

A Record Year for Tyson Foods

Published November 18, 2022

Tyson Foods is reporting record annual net income of $3.24 billion on net sales of $53.3 billion. "We saw a lot of really good things," said Donnie King, President/CEO." We delivered record sales revenue in earnings, the chicken turnaround progressed…
Latest NewsAg BusinessLivestock

Tyson Plant Suspended From Exporting Pork to China

Published August 30, 2022

China has suspended a Tyson pork processing plant in Indiana from its list of eligible suppliers. The reason for this suspension has not been confirmed. In a statement, Tyson officials said the company is confident the U.S. and Chinese governments…
Latest NewsMarketsAg BusinessLivestock

Tyson Foods to Remodel TX Beef Plant

Published August 22, 2022

Tyson Foods will spend $200 million to upgrade and expand a plant in Amarillo, Texas. The project includes a 143,000 square foot addition for more worker area, locker rooms, cafeteria and office space. Tyson says the project will improve the…
Latest NewsAg BusinessLivestock

Tyson Updates Quarterly Financials

Published August 8, 2022

Tyson Foods reports third quarter net income of $753 million, which is nearly equal to the same quarter one year ago. Beef sales volume increased one percent. Pork sales rose 1.7 percent and chicken sales were up 2.1 percent. Strong…
Latest NewsAg Business

JBS Settles Price Fixing Lawsuit

Published February 3, 2022

While not admitting liability, JBS SA agreed to pay $52.5 million to settle a beef price-fixing lawsuit. The allegations are JBS, Cargill, National Beef Packing and Tyson Foods conspired to limit slaughter volumes. This settlement still needs to be approved…
Top StoriesLatest NewsLivestock

Tyson Looks to Automation

Published November 15, 2021

Tyson Foods is reporting fiscal fourth quarter net income of $1.36 billion on sales of $12.81 billion. That compare to last year’s fourth quarter income of $654 million on sales of $11.46 billion. In a statement, Tyson CEO Donnie King…
Latest NewsAg BusinessLivestock

Tyson to Meet Vax Deadline

Published October 27, 2021

Tyson Foods has announced 96 percent of its workforce is fully vaccinated against COVID-19. In early August, Tyson said it would require the vaccination by November 1st. Tyson Foods is one of the world’s largest food companies and one the…
Latest NewsAg BusinessLivestock

Beef Supply Chain Issues Highlighted on Capitol Hill

Published July 29, 2021

The fire at the Holcomb, Kansas packing plant, the JBS cyberattack and COVID-19 resulted in a historic spread between live animal prices and retail meat prices. National Farmers Union President Rob Larew testified before the Senate Judiciary Committee Wednesday, saying…
Top StoriesLatest NewsAg BusinessLivestockPolicy
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