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Stock impact report

Three meat plants shut in Iowa and Pennsylvania as coronavirus outbreak spreads [Reuters]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Reuters
Three meat plants shut in Iowa and Pennsylvania as coronavirus outbreak spreads CHICAGO (Reuters) - Major U.S. meat companies said on Monday they shut three facilities that produce pork and beef in Iowa and Pennsylvania in the latest disruption to the country’s food supply chain from the coronavirus outbreak. Reduced meat output from the shutdowns threatens to tighten supplies of certain products at a time when demand is rising at grocery stores as the country battles COVID-19, the respiratory illness caused by the novel coronavirus. Tyson Foods Inc shut a hog slaughterhouse in Columbus Junction, Iowa, for the week after more than 24 cases of COVID-19 involving employees at the facility, according to a statement. The company said it would divert hogs to other pork plants in an attempt to minimize the disruption from the closure. The facility kills about 10,100 pigs a day, or about 2% of the country’s total slaughtering capacity, said Steve Meyer, economist for U.S. commodity firm Kern Show less Read more
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