Beef
Tyson Foods Posts Falling Q1 Profit as Beef Segment Bleeds $319M
Net income fell 76% from the same quarter a year ago, despite improved revenue. read more >
Trump is Giving Farmers $12B In Aid. They’ve Been Hit Hard by His Trade War With China
The aid is the administration’s latest effort to defend Trump’s economic stewardship and answer voter angst about rising costs. read more >
by Associated Press -
Tyson Foods Reports Falling Q4 Income as It Sets Aside Money for Legal Concerns
The results still beat Wall Street expectations. read more >
US Ranchers Oppose Trump’s Plan to Import More Argentine Beef and Experts Doubt It Will Lower Prices
The National Cattlemen's Beef Association along with the Ranchers-Cattlemen Action Legal Fund United Stockgrowers of America and other farming groups — who are normally some of the president's biggest supporters — all criticized Trump's idea. read more >
by Associated Press -
Trump Suggests US Will Buy Argentine Beef to Bring Down Prices for American Consumers
U.S. beef prices have been stubbornly high for a variety of reasons, including drought and reduced imports from Mexico due to a flesh-eating pest in cattle herds there. read more >
by Associated Press -
The US Plans to Build a $750M Fly Factory in Texas to Stop a Flesh-Eating Cattle Parasite
In addition, the U.S. border will remain closed to cattle, horse and bison imports from Mexico until the U.S. sees that the pest is being pushed back south. read more >
by Associated Press -
Tyson Foods Raises Sales Outlook as Fiscal Q3 Results Top Wall Street Forecasts
The company reported strength in its chicken and prepared foods segments, while struggles in its beef segment continued. read more >
Meat Processors in Jonesboro, Hope are First Licensed by State
The program, which received federal approval last fall, aims to expand the market for cattlemen by allowing state-certified facilities to sell beef within the state. read more >
Tyson Profit Plummets in Fiscal Q1
The company's income was hit by lower beef prices and "operational inefficiencies," CEO Donnie King said. read more >
Walmart Deal Aims to Boost Beef Supply
The company has acquired a stake in Sustainable Beef LLC of North Platte, Nebraska. read more >
Tyson Announces $200M Expansion of Amarillo Beef Plant
The project will modernize the facility through enhanced automation and new technologies. read more >
Tyson Foods Rejects White House Claims on Consolidation, Profiteering
The Arkansas-based company blamed "unprecedented market conditions" for rising prices. read more >
by Marty Cook -
Tyson Optimistic About 2013 Despite Declining Beef Value, Falling Stock Prices
Tyson Foods continues to be optimistic about the year despite a challenging second quarter, COO James Lochner told investors at the Goldman Sachs 17th Annual Agribusiness Conference. read more >
by Chris Bahn -