Packers have another record year
January 2, 2019
Performance for fed beef packers improved dramatically in 2017 because of ample cattle supplies and growing domestic and export demand. Tyson Beef had record income of US$877 million and other packers likely had record years. Thus, the question at the start of this year was: “How can we top that?” To most people’s astonishment, this year’s results have been even better.