Meat and hide processing group Tyson Foods has reported full-year revenues of almost $43.2 billion, an increase of 1.8% year on year, for the 12 months ending October 3.

Beef contributed $15.7 billion towards the total, more than 35% of the group’s overall revenues. The figure for beef is down by 0.5% compared to 2019, but Tyson said the volume of beef it processed over the 12-month period had decreased by more than that, falling by 4.5%. Bearing this in mind, the price of beef Tyson was able to achieve increased by 4%.

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