US meat producer Tyson Foods announced that it will reduce pork production at its six major pork plants due to bad market conditions.
“We’re taking in excess of 24 hours of production out of this week’s schedule for our six pork plants due to unfavourable market conditions,” Tyson spokesman Gary Mickelson said.
The 24 hours is equivalent to three work shifts.
Mickelson said poor market conditions include declining pork sales and higher hog costs.
Tyson, based in Springdale, Arkansas, is the US’s second largest pork producer behind Smithfield Foods.
Related websites:
• Tyson Foods
• Smithfield
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