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Tyson Foods: Third Quarter Profits Rise

By Amanda Brodhagen, Farms.com

Tyson Foods Inc., the largest U.S. meat processor, reported on its third-quarter profit earnings.

The company reported better than expected quarterly earnings – with net income of $248-million, or 69-cents per share, from 79-million, or 22-cents per share last year in the same quarter. Tyson attributes strong chicken sales for its rise in profits. “Our chicken segment achieved record operating income, and our beef segment rebounded to generate solid returns,” explains Donnie Smith, Tyson’s CEO.

Chicken sales increased 10.6 percent to $3.16-billion, in addition to Tyson’s chicken segment of the business, beef sales were also strong, reporting 6.8% increase to $3.72-billion, while pork saw a slight decline in sales.
 


Trending Video

Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

Video: Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

#CortevaTalks brings you a short update with Cereal Herbicides Category Manager, Alister McRobbie, on how to get the most out of Broadway® Star.

Significant populations of grassweeds, including ryegrass and brome, can threaten winter wheat yields. Spring applications of a contact graminicide, such as Broadway Star from Corteva Agriscience, can clear problem weeds, allowing crops to grow away in the spring.

Broadway Star (pyroxsulam + florasulam) controls ryegrass, sterile brome, wild oats and a range of broad-leaved weeds such as cleavers. It can be applied to winter wheat up until GS32, but the earlier the application is made, the smaller the weed, and the greater the benefit to the crop. Weeds should be actively growing. A good rule of thumb is that if your grass needs cutting, conditions are right to apply Broadway Star.

 

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