Packer group and wet blue manufacturer Tyson has reported revenues of $13.6 billion for the first quarter of its current business year, the three-month period ending December 28, 2024.

This figure represents growth of 2.3% year on year.

Its beef business contributed $5.3 billion towards the total, an increase of 6.2% compared to the first quarter of the group’s last financial year.

However, Tyson said it was anticipating its full-year beef revenues to be down because the US Department of Agriculture anticipates a decrease in domestic beef production of 1% this year.

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