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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Tyson Foods Comments on Restraints Raised by Coronavirus Outbreak in China

02/21/2020

In a February 19th statement to analysts, Dean Banks, president of Tyson Foods noted that export sales to China have been impacted by port congestion and logistic restrictions imposed on operation of cold stores at points of entry and dislocation of transport.

 

Banks noted that sales of pork to China during the past quarter were up six-fold compared to the corresponding period in 2018.

 

Based on the depletion of the national hog herd, as a result of African Swine Fever, Tyson considers that despite temporary challenges, future orders will continue at rising levels.


 
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