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Stock impact report

The Meat Number That Makes Even Naysayers Worry About Shortages [Yahoo! Finance News]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Bloomberg) -- First, it was just one plant shutting down. But now, it’s at least seven major U.S. meat facilities that have seen halts in the space of a few weeks. And all those voices previously assuring Americans that supplies would be fine now sound like a chorus of concern over shortages.There’s been an avalanche of news in just 24 hours. Tyson Foods Inc. shut two of its key pork plants. Case counts continued to mount, including in Canada, where industry groups are saying they’ll probably hold back some of what’s usually exported to the U.S. Meanwhile, the head of JBS SA, the world’s top meat producer, warned of shortfalls.The U.S. government also pushed out its monthly figures on frozen food inventories, which stood in sharp relief against the backdrop of closures. One figure in particular might give even the naysayers pause.Combined pork, beef and poultry supplies in cold-storage facilities now stand equal to roughly two weeks of total American meat production. With most plant s Show less Read more
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