Articles tagged under: Tyson Foods

Tyson Foods Replaces CEO

Published June 2, 2021

Tyson Foods has a new Chief Executive Officer. Former CEO Dean Banks stepped down from the role and is succeeded by Donnie King, the company’s former chief operating officer. According to Tyson Foods, Banks left the company for personal reasons.…
Latest NewsAg Business

Meat Packers Respond to COVID Investigation

Published February 1, 2021

In response to letters from the House Subcommittee on the COVID Crisis, Tyson Foods said the top priority will always be the health and safety of their people. Smithfield Foods Chief Administrative Officer Kiera Lombardo said Smithfield Foods has taken…
Latest NewsAg Business

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…
Latest NewsAg Business

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…
Latest NewsAg Business

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…
Latest NewsAg Business

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…
Latest NewsAg Business

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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