Tyson Foods Profits Soar as Meat Prices Climb

Tyson Foods reported soaring profits as the company raised prices for beef, chicken and pork, citing higher costs.

Tyson America’s largest meat processor by sales said it increased beef prices by an average of 23.8% in the three months ended April 2, while its chicken prices increased 14.4% and 10 .8% for pork. Tyson said its COGS increased 15 percent from the previous quarter as the company paid more for feed, transportation and labor costs.

https://www.wsj.com/articles/tyson-second-quarter-sales-profit-boosted-by-higher-prices-11652099801?mod=pls_whats_news_us_business_f Tyson Foods Profits Soar as Meat Prices Climb

Edmuns DeMars

Edmund DeMarche is a USTimesPost U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Edmund DeMarche joined USTimesPost in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing edmund@ustimespost.com.

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