Tyson’s Meat Production Falls Amid Labor Shortages
Labor challenges cut production volumes for Tyson Foods Inc. in the latest quarter, but the meat company’s sales grew year over year as it passed along higher prices to supermarkets and restaurants.
Tyson’s volume fell 11% overall in the three months through September, including a 15% decline in beef production and an 18% reduction in pork production, Tyson said Monday. In both cases, worker shortages posed a challenge as the meat company struggled to meet strong demand.