Severe US Cattle Shortage Eats Into Meatpacker Tyson’s Earnings The news that Tyson Foods has trimmed its outlook, sending shares plummeting 7.
3%, is a stark reminder of a deeper issue plaguing the meatpacking industry: a severe US cattle shortage. Beef cow numbers have hit a 75 year low, with only 28.
5 million animals as of July 1 – a 1% year over year decline. This isn't just a matter of supply and demand; it's a crisis that threatens to upend the entire food chain.