Focus: Laid-off: Former Tyson Foods chicken farmers face high costs switching to eggs [Reuters]
Tyson Foods, Inc. (TSN)
Last tyson foods, inc. earnings: 2/6 07:30 am
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Source: Reuters
meatpacker closed six plants, a move that left local suppliers with limited options for work. In one example, former Tyson suppliers in central Virginia formed a cooperative that will produce cage-free eggs for Indiana-based Dutch Country Organics on a dozen farms, after Tyson closed its nearby Glen Allen plant last year. Report this ad In Dexter, Missouri, the world's biggest egg company, Cal-Maine Foods , in March finalized a deal to buy another chicken meat plant Tyson shuttered. Cal-Maine recruited local farmers to produce eggs. The switch to eggs, which carries high costs, reflects the tough choices former Tyson suppliers around the country must make following the company's 2023 decision to in an effort to return to profitability in its chicken business after misjudging consumer demand. Report this ad Egg farming also comes with risk as lethal bird flu infections have hit laying hens harder than broiler chickens raised for meat. The virus flared up for a third year th
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TSN
Earnings
- 5/6/24 - Beat
TSN
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/14/24 - Form 4
- TSN's page on the SEC website