Search Forum Home   General  Discussions  Tyson pares bee...  Tyson pares beef production to protect margins    9/10/2007 8:32:48 AM lbodell 165 posts Tyson pares beef production to protect margins Tyson pares beef production to protect margins   By Tom Johnston on 9/10/2007 for Meatingplace.com     Springdale, Ark.-based Tyson Foods Inc. said it will completely shut down beef production at three of its Midwestern plants on Monday in an attempt to manage poor operating margins owing to unfavorable market conditions. Tyson also reduced production on Saturday, spokesman Gary Mickelson told Meatingplace.com. Mickelson declined to specify which plants were affected. The high cost of cattle, driven by a tight supply of market-ready cattle, is the main culprit, Farha Aslam, an analyst with Stephens Inc., told Meatingplace.com. However, it's nothing more than a normal fluctuation in the U.S. cattle cycle, she said. Other analysts cited an abundance of beef that has tempered beef prices, according to media reports.  Page 1 of 1   General  Discussions  Tyson pares bee... Flat View Tree View Oldest To Newest Newest To Oldest