A Chicken Little Story?

In Current News by Chuck

Remember all the crying foul by Tyson this spring on the price of corn? Tyson’s earnings have fared well this past quarter despite its repeated stirrings of the food versus fuel debate (pdf). The Financial Times also reports that Tyson managed to have a healthy profit this past quarter–$111 M. Tyson managed to rebound on last years losses by posting a larger than expected profit. The food giant posted a loss of $52 million for the same time period last year.

That doesn’t sound like the sky is falling to us!