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Tyson Foods wolfs down lower grain prices Add to ...

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Returns on Tyson Foods Inc. haven’t exactly been chicken feed. The stock is up more than 50 per cent year to date and nearly 100 per cent during the past 12 months. Tyson along with other meat processors was pressured during last year’s drought in the U.S., which raised the price of the grain these companies feed chickens, cattle and hogs. Now grain prices are falling in anticipation of a bumper crop. Last week, for example, only 2 per cent of the Midwest region was in drought, compared with 74 per cent a year ago, according to the U.S. Drought Monitor.

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  • Tyson Foods Inc
  • Updated April 27 4:01 PM EDT. Delayed by at least 15 minutes.

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