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Dive brief:
- According to August 4, Tyson Foods is a record with the availability of cows because consumer demand for healthy beef.
- Tyson has touched hard supply by reducing the costs of its operations, including network optimization efforts that make more processing volumes to the company’s harvesting facilities.
- “At the same time, with the help of new data and analytical capabilities that support smart and faster decision -making, we increase our added value,” said Donie King, CEO and CEO of Tyson, Donie King.
Dive insight:
King said in the quarter of June 28, Tyson faced a “considerable” cattle supply a year ago, while demand was flexible, due to increased consumer appetite for protein.
In order to maximize the supply of beef, the line -up supply, Brady Stewart, said that the strategy would probably continue to achieve the highest possible performance in processing plants.
From January to June, slaughter of cow has dropped 16 %, “The initial index of heavenly start.” This involves keeping the young female cows for breeding rather than sending them to slaughter.
King expects Rancherrs to start rebuilding herd in 2026 “with seriousness” and the benefits of providing heifing will be seen two years later.
Herd management is not the only negative factor in providing beef. Stuart said the air was also involved. He said the drought period was longer than the others over the past few decades.
Stuart said the Trump administration’s recent tariffs on beef from Brazil have not affected prices to date, pointing out that there is a “significant delay” before the increase in tariffs on the store shelves.
Overall, Tyson has carried out more than $ 100 million in control of its beef this year. “We are managing this market environment with discipline and controlling what we can in the supply chain to meet customer needs.”
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