Articles tagged under: Tyson Foods

A Settlement in Chicken Price-Fixing Case

Published January 12, 2021

The two largest U.S. chicken producers have settled with the government, resolving a legal fight over allegations of price fixing. Tyson Foods has not disclosed the settlement figure, but Pilgrim’s Pride paid $75 million to settle the civil claims. Neither…
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Tyson Profits Increase

Published November 17, 2020

Tyson Foods finished the fourth quarter with net income of $692 million. That’s up from $369 million one year ago. That upswing was seen despite the additional expenses associated with the pandemic. Labor issues continue for the meat processor with…
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Tyson Touts Sustainability

Published September 10, 2020

Tyson Foods has announced it plans to work with a third-party sustainability verification program for cattle producers. The program verifies farmers and ranchers are using best management practices to care for animals, the environment and people. With this decision, Tyson…
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Tyson Foods Adjusts Beef Prices

Published May 14, 2020

With companies facing scrutiny over the disparity between the cash cattle price and what is happening in the meat case, Tyson Foods plans to discount prices for some cuts by 20-to-30 percent. Tyson CEO Noel White said the reduction in…
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Monitoring the Commodity Markets

Published March 23, 2020

Agriculture Secretary Sonny Perdue was on Twitter this weekend, saying USDA is monitoring all commodity markets during this coronavirus outbreak and paying special attention to “the difference in prices from the farm gate to the grocery shelf.” In particular, Perdue…
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Tyson Cuts 500 Jobs

Published February 12, 2020

Due its restructuring plan, Tyson Foods will cut 500 jobs. Most of the jobs being eliminated are at the corporate offices. Tyson officials said the restructuring effort began in 2017 to increase efficiency.
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Tyson Foods Q1 Results “As Expected”

Published February 7, 2020

Tyson Foods is reporting fiscal first quarter 2020 earnings of $557 million on sales of $10.8 billion. Tyson Foods CEO Noel White says overall results are in line with expectations. "Beef and pork results were strong. Prepared foods noted growth…
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Tyson Plant to Reopen Soon

Published November 18, 2019

The Tyson Foods beef plant at Holcomb, Kansas will begin processing cattle in the first week of December and be fully operational by early January. A fire in August shut down the plant, which had ramifications for the entire cattle…
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