Tyson Announced The Shut Down Of Four Chicken Plants
Chicken revenue reportedly fell about 3.5% for the quarter ending on July 1st. Volumes rose but prices dropped 5.5%.
Tyson foods announced plans to shut down four chicken plants. The meat processor supplies around a fifth of the beef, pork, and chicken in the U.S.. The decline in chicken revenue prompted the shut down of two plants in Missouri, one in Indiana and one in Arkansas. Chicken revenue reportedly fell about 3.5% for the quarter ending on July 1st….