News

Tyson Foods to suspend beef operations at four plants

07/01/2005

America's Tyson Foods, Inc. - the world's largest processor and marketer of chicken, beef, and pork, and the second-largest food company in the Fortune 500 – has announced that it is to temporarily suspend operations at four of its beef plants beginning Monday, 10 January. The reason for this action has been cited as unfavourable operating margins in the beef market due to tight cattle supplies, lacklustre domestic demand and the absence of key export markets.

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