Beef and Pork Demand is Rebounding, Tyson Beats Estimates

News

The firm’s projected outlook for fiscal 2021 is for strengthening chicken and prepared foods segments and for strong beef and pork segments, but not quite as strong as 2020. For the quarter, beef volumes were up 11.8% and pork up 15.2% while chicken gained only 1.9% and poultry prices slipped 2.3%. Read more about it here.

Author: Bloomberg