NEWS
Tyson 2Q Net Falls 43%
Mon May 6, 2013 08:29 AM CDT

(Dow Jones) -- Tyson Foods Inc.'s (TSN) fiscal second-quarter earnings fell 43% as higher beef and chicken prices weren't enough to offset the meat processor's increased costs.

The company also lowered its full-year sales estimate to about $34.5 billion from its November forecast of $35 billion.

"Our second quarter typically is our most challenging, and this quarter was no exception," said President and Chief Executive Donnie Smith. "However, our business is structured to withstand adverse conditions, and we worked through the issues while positioning ourselves for what we believe will be a strong performance in the second half of the ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a new, faster method of testing soybean cyst nematode samples is...
  • Competing for Dollars Beef has some catching up to do, but there is opportunity ahead.
  • Ask the Taxman by Andy Biebl Readers pose tax questions on how to justify repairs, handle capital gains on a residence and com...
  • Senior Partners - 1 Think how rural communities could rejuvenate if farmland rents stayed local rather than flowing t...
  • $3 Corn Subdues Bids March auctions show cash rent shocks could mount in 2016.
  • Nutrients Ruling A federal appeals court Tuesday ruled that a lower court could not order EPA to make a decision o...
  • West, Texas: 2 Years Later - 1 Two years after the ammonium nitrate explosion at West Fertilizer Co. in West, Texas, state offic...
  • West, Texas: 2 Years Later - 2 While federal and state governments did not mandate more regulations when it comes to storing fer...
  • Ask the Vet The vet says my cow has anaplaz, which I've never heard of before. What is it?
Related News Stories
Crop Tech Corner
H5N2's Murky Market Impacts
New H5N2 Case in Minnesota
H5N2 a Turkey of a Problem
New H5N2 Cases in Minnesota
H5N2 Confirmed in Arkansas
H5N2 Confirmed in Arkansas
Harrington's Sort and Cull
CA Slaughterhouse Owner Pleads Guilty
GIPSA Didn't Investigate COOL