NEWS
Tyson Foods Profit Up 47%
Fri Jan 31, 2014 07:24 AM CST

(Dow Jones) -- Tyson Foods Inc. said its fiscal first-quarter earnings climbed 47%, led by sales growth in its prepared-foods business.

The chicken producer said it expects overall domestic protein production--which includes chicken, beef, pork and turkey--to increase by about 1% in the current fiscal year.

It projected sales for the year of about $36 billion, slightly above analysts' recent estimate of $35.75 billion.

The company has focused on growing operations in China, improving prepared-foods sales through acquisitions and launching new products. In the past 12 months, the company acquired food companies in Utah, California and most recently, Bosco's Pizza ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN Closing Livestock Comments
Disaster Program for Bird Flu Expected
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Closing Livestock Comments
Two COOL Bills Introduced in Senate
DTN Before The Bell-Livestock
DTN Closing Livestock Comments