New York CNN —Chicken prices are down. The company reported earnings for the quarter ending July 1 that showed chicken revenue fell about 3.5%. Nathan Papes/Springfield News-Leader/ImagnTyson CEO Donnie King pointed to these market conditions when discussing Tyson’s chicken sales decline during an analyst call Monday. “We’ve had a number of fits and starts from the breeder side to demand,” King said. “We’re on the right path.”Plant closuresIn March, the company announced the closure of one chicken processing plant in Glen Allen, Virginia, and another in Van Buren, Arkansas.

Source: CNN August 08, 2023 08:52 UTC