Beef prices have been on a run lately, and processors are feeling the pinch. To cut costs and recover profits, many are turning to poultry.
Tyson estimates they will see earnings go up around $100 million this year, and the gains are driven by a positive view on the chicken business. Company leaders say it comes as consumers look for cheaper alternatives to beef.
They also say grains have been readily available this year, which helps keep feed costs manageable.
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RanchHER Season 2, Episode 9
Premieres Tue, 11/5/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT
Premieres Tue, 11/5/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT
High Path Avian Influenza has significantly impacted poultry and egg prices recently. Will consumers face the same pressures this Thanksgiving?
Premieres Tue, 10/29/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT
