Tyson Foods and peers fall as cattle shortage pressures margins
A number of food-production stocks fell in the afternoon session after national cattle shortages and volatile livestock prices squeezed operating margins, prompting outlook cuts across the industry.
What Happened? A number of stocks fell in the afternoon session after national cattle shortages and volatile livestock prices squeezed operating margins and prompted outlook cuts across the food production industry.
The historic U.S. cattle shortage, which has pushed herd sizes to a 75-year low fol…