Tyson Foods plans further price hikes to offset inflation pressures
Story Date: 11/18/2021

 

Source:  Jonathan Garber, FOX BUSINESS, 11/15/21


Tyson Foods Inc. is planning further price increases to offset soaring costs.  The Springdale, Arkansas-based Tyson, the biggest U.S. meat company by sales, said chicken prices rose 19% during its fiscal fourth quarter while beef and pork prices jumped 33% and 38%, respectively.  

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