Tyson Foods News Updates

*/ /*-->*/ Tyson Foods said it will restore a second shift at its Amarillo, Texas, beef plant, with full operations expected by summer 2027.

The port in Santa Teresa, N.M., is the second to reopen, after the U.S. in late 2024 stalled livestock shipments from Mexico in order to prevent the spread of the New World screwworm. 

Tyson now sees annual adjusted operating income of $1.85 billion to $2.05 billion. That comes just one month after the company cut its outlook for the fiscal year.

Lean beef trimmings will be temporarily exempted from a higher tariff rate if they exceed a pre-set quota. The duty relief will last for 90 days, and is limited to 100,000 tons per month.

The country’s largest meatpacker now sees annual adjusted operating income of $2.1 billion to $2.3 billion for fiscal year 2026, lowering its range by $100 million. 

The U.S. Department of Agriculture is racing to contain the deadly New World screwworm after a case was detected in Texas.

The agency is implementing quarantines, movement controls and surveillance in a 12-mile zone around the detection, and has also expedited the release of sterile flies to prevent the pest’s spread.

Jeff Schomburger, who has spent a decade on Tyson’s board, will become president and CEO on Oct. 4, succeeding Donnie King.

The move would suspend the annual tariff-rate quota, which would enable more of the product to enter the U.S. at low rates.

While Tyson’s adjusted earnings for the quarter beat analyst estimates, the company now expects its beef segment to lose $350 million to $500 million in 2026.