Tyson Foods Archives | Manitoba Co-operator

Tyson Foods is pinning its hopes on growth in the Chinese market after approval was granted to export product to that country.

Tyson Foods cleared to ship poultry to China from all U.S. plants

The company expects pork and poultry shipments to grow in the wake of swine fever

By Tom Polansek January 14, 2020

Reuters – Tyson Foods has received approval from U.S. and Chinese authorities to export American poultry to China from all 36 of its U.S. processing plants and expects to begin taking orders early next year, a chief supply chain officer for the company said. U.S. chicken companies are eager to resume sales in China after

Crops, Markets, Pulses

Tyson sells stake in Beyond Meat

By GFM Network News, Reuters April 24, 2019

Reuters — Tyson Foods said on Wednesday it had sold its 6.5 per cent stake in vegan burger maker Beyond Meat, as the No. 1 U.S. meat processor looks to develop its own line of alternative protein products. The exit comes against the backdrop of rising tensions between the two companies after Tyson CEO Noel

Crops, Pulses

A+W to launch pulseburger next month

By GFM Network News, Manitoba Co-operator Staff June 21, 2018

Canada’s second-biggest burger chain plans to roll out a new non-meat burger in the Canadian market starting in July. A+W Food Services of Canada on Thursday announced a July 9 release date for what it’s dubbed the Beyond Meat Burger at all its restaurants across the country, in what CEO Susan Senecal called “the fastest

Tyson posts better-than-expected profit, bets on chicken

By GFM Network News, Tom Polansek August 8, 2017

Reuters – Tyson Foods Inc reported stronger-than-expected quarterly results on Monday, sending its shares up 5 percent, and said it would ramp up chicken production in the face of record demand from U.S. consumers. Tyson said it spent more money on advertising and marketing for chicken in the third quarter ended on July 1, bringing

Tyson Foods beefs up prepared foods with AdvancePierre buy

By GFM Network News, Reuters April 25, 2017

Reuters – Tyson Foods Inc, the No. 1 U.S. meat processor, said on Tuesday it would buy packaged sandwich supplier AdvancePierre Foods Holdings Inc for about $3.2 billion in cash, to expand its fast-growing portfolio of prepared food brands. Demand for meat-based snacks has been growing as Americans shun candy and overly processed foods. This

Livestock

Tyson accelerates shift away from antibiotics in chicken

By GFM Network News, Tom Polansek February 21, 2017

Chicago | Reuters — Tyson Foods in June will switch its retail line of company-branded chicken products to birds raised without any antibiotics, a top executive said on Tuesday, accelerating the meat sector’s shift away from the drugs. The change will make Tyson, which is the largest U.S. chicken processor, into the world’s leading producer

Livestock, News, Poultry

USDA faces backlash over proposed rules

Chicken processors are crying foul over moves aimed to protect producers

By Tom Polansek January 3, 2017

The U.S. Department of Agriculture proposed rules Dec. 14 it said will help protect chicken producers from mistreatment by the small group of meat companies that control most of the country’s production. With only a few weeks left to the Obama administration, the agency clarified that individual farmers who feel they have been treated unfairly do

Crops, Pulses

Tyson invests in non-meat protein

By GFM Network News, Reuters October 10, 2016

Reuters — Tyson Foods, the largest U.S. meat processor, took a five per cent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental and health risks by changing the way they source protein. Terms of the deal were not disclosed. Manhattan Beach, Calif.-based Beyond Meat sells plant-based burger

Beef cattle, Livestock, Markets

Tyson cuts beef production due to cattle shortage

By GFM Network News, Reuters August 14, 2015

Reuters — Tyson Foods on Friday said it is permanently ceasing beef production at its plant in Denison, Iowa, effective immediately, as cattle ranchers work to rebuild shrunken herds following the severe Midwestern drought. The move by Tyson, the biggest U.S. meat processor, will affect 400 employees at the plant, which will continue byproduct rendering

Hogs, Livestock, Markets

JBS to buy Cargill’s U.S. pork assets for US$1.45B

By GFM Network News, Reuters July 1, 2015

Reuters — JBS SA, the world’s largest meat packer, is buying Cargill’s U.S. pork business for US$1.45 billion, free of debt, it said in a statement on Wednesday, a deal that would make it one of the largest and most powerful meat companies in the U.S. The bid by the company’s JBS USA subsidiary comes

ADM beats profit estimates but revenue disappoints

U.S. livestock: Live cattle futures jump on tightening supplies

U.S. grains: Corn, wheat hit two-week lows on COVID-19 fears

GFM Network News