Tyson Profit Soars in Q1 after raising prices on beef & chicken & pork...with record beef prices, ranchers are just not cashing in

[basquebromance]

33% increase in beef and 38% increase in pork prices
Coming to stores near you.
Tyson Foods says its average beef prices climbed by one-third in its latest quarter. ‘The inflation we incur needs to be passed on,’ its CFO says.

Tyson Foods Raises Meat Prices as Costs Escalate

The meat giant says its average beef prices climbed by one-third in its most recent quarter. “The inflation we incur needs to be passed on,” its CFO says.

www.wsj.com

Record Beef Prices, but Ranchers Aren’t Cashing In (Published 2021)

“You’re feeding America and going broke doing it”: After years of consolidation, four companies dominate the meatpacking industry, while many ranchers are barely hanging on.

www.nytimes.com

 

[Moonglow]

Nothing new says the cheekin rancher a half a mile from my house, his name is Xi.

 

[pknopp]

When the government stops pumping you have to make sure the shareholders are happy somehow.

 

[Darkwind]

 

[Hang on Sloopy]

33% increase in beef and 38% increase in pork prices
Coming to stores near you.
Tyson Foods says its average beef prices climbed by one-third in its latest quarter. ‘The inflation we incur needs to be passed on,’ its CFO says.

Tyson Foods Raises Meat Prices as Costs Escalate

The meat giant says its average beef prices climbed by one-third in its most recent quarter. “The inflation we incur needs to be passed on,” its CFO says.

www.wsj.com

Record Beef Prices, but Ranchers Aren’t Cashing In (Published 2021)

“You’re feeding America and going broke doing it”: After years of consolidation, four companies dominate the meatpacking industry, while many ranchers are barely hanging on.

www.nytimes.com

Excellent news. I hope libturds have to eat GD dog food

 

[CrusaderFrank]

33% increase in beef and 38% increase in pork prices
Coming to stores near you.
Tyson Foods says its average beef prices climbed by one-third in its latest quarter. ‘The inflation we incur needs to be passed on,’ its CFO says.

Tyson Foods Raises Meat Prices as Costs Escalate

The meat giant says its average beef prices climbed by one-third in its most recent quarter. “The inflation we incur needs to be passed on,” its CFO says.

www.wsj.com

Record Beef Prices, but Ranchers Aren’t Cashing In (Published 2021)

“You’re feeding America and going broke doing it”: After years of consolidation, four companies dominate the meatpacking industry, while many ranchers are barely hanging on.

www.nytimes.com

Like the oil companies, they bought their inventory in a lower cost environment