LUBBOCK, TEXAS (RFD NEWS) — Tyson Foods posted stronger second-quarter results overall, but beef remained the company’s weak spot as tight cattle supplies and high livestock costs continued to pressure margins.
Tyson said second-quarter sales rose to $13.65 billion, while it still expects its beef segment to post an adjusted operating loss of $350 million to $500 million in fiscal 2026.
The company’s better-performing protein businesses helped offset that drag. Tyson expects fiscal 2026 adjusted operating income of $250 million to $300 million in pork, $1.9 billion to $2.05 billion in chicken, and $1.25 billion to $1.35 billion in Prepared Foods.
Management credited chicken and prepared foods with driving momentum and market-share gains in the quarter.
Tyson is also still reshaping its beef footprint. In November, the company said it would close its Lexington, Nebraska, beef plant and convert its Amarillo, Texas, facility to a single full-capacity shift while increasing output at other plants.
Farm-Level Takeaway: Tyson’s second-quarter results showed how hard it is to process beef profitably — even as pork, chicken, and prepared foods perform better.
Tony St. James, RFD News Markets Specialist
Turkey raises tariffs on some U.S. Agricultural goods – extending a fight between the two nations that sent Turkey’s currency plummeting.
August 15, 2018 04:48 PM
·
Cristen Clark knows a thing or two about exactly what her blog title says: Food and Swine. Learn more about a day in her life.
March 08, 2017 03:27 PM
· FarmHER
The Colorado ranch where Elin operates her business just happens to be the same ranch where she spent her summers as a child.
March 08, 2017 01:32 PM
· FarmHER
Growing up as a sixth-generation Iowa FarmHER, Lexi Marek’s first passion is her pigs. She started showing pigs at livestock shows early on at the young age of five.
March 07, 2017 12:30 PM
· FarmHER
Ten years ago, FarmHER Jen Welch started a homestead on a single acre in Buena Vista, Colorado. The original idea was to grow food for her growing family.
September 15, 2016 02:25 PM
· FarmHER
What is the Porcine Epidemic Diarrhea Virus (PEDV)? How does the virus affect hog health and the pork industry? Here’s what producers need to know.
March 17, 2014 02:37 PM
·