Tyson Foods Stock Is Tumbling. A Surprise Loss Is Only One Reason Why.
Tyson stock is on pace for its largest percent decrease since November 2008, when it fell 24%.
Source: barrons.com
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Food Costs Are Improving. The Prices of Eggs Fell 11%.
The cost of groceries, the so-called food at home index, fell 0.3% from February, marking the first drop since September 2020.
Source: barrons.com
Food Prices Are Finally Falling, March Inflation Data Show
The cost of groceries, the so-called food at home index, fell 0.3% from February, marking the first drop since September 2020.
Source: barrons.com
Pilgrim's Pride Agrees to Settle Some Chicken Price-Fixing Claims
Updated Jan. 11, 2021 7:04 pm ET The two largest U.S. chicken producers said they have reached deals with a group of poultry buyers to settle price-fixing claims. Tyson Foods Inc., the biggest U.S. meat company by sales and the nationâs top chicken supplier, and Pilgrimâs Pride Corp., the second-largest U.S. poultry processor by sales, separately said Monday they struck agreements to help resolve a four-year legal battle over alleged collusion in the $65 billion chicken industry. Restaurant chains, supermarket operators and food distributors have accused Tyson, Pilgrimâ...
Source: wsj.com