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To: CFW
Cost cutting, some plants are more efficient than others.

The decision to shutter four more plants comes as the average price of pork dropped 16.4% year-over-year and chicken fell 5.5%, according to the company. The beef industry has also been a challenge for the company, with a shrinking supply of cattle resulting in higher costs.

Tyson reported a net loss of $417 million for the latest quarter, compared to a $750 million profit the same period a year prior.

5 posted on 05/14/2024 2:21:39 AM PDT by tlozo ( Trump: "As everyone agrees, Ukraine Survival and Strength...is also important to us!" )
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To: tlozo

Knew a farmer in North Carolina who went into debt to build big chicken sheds to feed the Tyson plant. They closed. He killed himself.


20 posted on 05/14/2024 4:32:19 AM PDT by MMusson
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