This past week Tyson Foods posted better-than-expected second-quarter sales and earnings results due to higher volumes and improved operating margin in the beef, pork, and prepared foods segments. And those operating margins should get a little better this year, thanks to the African swine fever that has wiped out 1 million hogs in China, Europe and Southeast Asia.
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“This is an unusual, perhaps unprecedented time of the protein industry,” Tyson Foods, Inc. (NYSE: TSN) CEO Noel White said on Monday’s second-quarter earnings call.“In my 39 years in the business, I’ve never seen an event that has the potential to change
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