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Stock impact report

Tyson warns of U.S. meat shortages as coronavirus shuts livestock plants [Reuters]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Reuters
Tyson warns of U.S. meat shortages as coronavirus shuts livestock plants CHICAGO (Reuters) - Millions of pounds of beef, pork and chicken will vanish from U.S. grocery stores as livestock and poultry processing plants have been shuttered by coronavirus outbreaks among workers, the chairman of Tyson Foods Inc said. John Tyson warned that the U.S. “food supply chain is breaking” as a growing number of plant closures have left farmers with fewer options to market and process livestock. Tyson Foods announced last week that it would shutter two pork processing plants, including its largest in the United States, and a beef facility to contain the spread of the virus. Other major meat processors like JBS USA [JBS.UL] and Smithfield Foods have closed facilities in recent weeks as cases of COVID-19, the potentially lethal respiratory disease caused by the novel coronavirus, have soared among plant workers. More than 5,000 U.S. meat and food-processing workers have been infected with or exposed Show less Read more
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