Tyson Cuts Beef Production
US - Tyson Foods Inc. says it is trimming hours at some of its beef plants this week because of lower availability of slaughter cattle and lower demand.Mickelson says snow storms in the west affected cattle supply and that demand is down in the post-holiday period.
In October, Tyson reduced production by 12-thousand head of cattle per week because, cutting production from 40 to 35 hours per week in its U-S plants.
Source: KATV Channel 7