# Tyson says tariffs and meat glut are eating into its profit

> Tyson said uncertainty over tariffs has pushed chicken and pork prices lower. American meat producers are storing a record 2.5 billion pounds of beef, chicken, pork and turkey.

- Date: 2018-07-30 · published 2018-07-30T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64185-tyson-says-tariffs-and-meat-glut-are-eating-into-its-profit
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A record cold-storage glut of meat pressures livestock and poultry prices and reduces near-term demand for feed grains and meal used by those producers.

## Read by commodity

- HOGS: bearish ▼
- CHICKEN: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2018-07-30 | [Tyson Foods blames drop in profits on tariff disputes - al.com](https://feedsoft.ai/events/64189-tyson-foods-blames-drop-in-profits-on-tariff-disputes-al-com.md) | -7.3% | -22.7% |
| HOGS | 2018-08-23 | [Hormel Foods cuts sales outlook as tariffs, meat glut bruise earnings \| Food Dive](https://feedsoft.ai/events/63685-hormel-foods-cuts-sales-outlook-as-tariffs-meat-glut-bruise-earnings-food-dive.md) | -4.7% | +12.2% |
| HOGS | 2025-04-03 | [Beefed-up tariffs leave global protein markets in a stew](https://feedsoft.ai/events/25246-beefed-up-tariffs-leave-global-protein-markets-in-a-stew.md) | -0.5% | +3.4% |
| HOGS | 2018-06-05 | [Mexico Hits U.S. Steel And Farm Products With Tariffs, Retaliating For Trump Move : The Two-Way : NPR](https://feedsoft.ai/events/64509-mexico-hits-u-s-steel-and-farm-products-with-tariffs-retaliating-for-trump-move.md) | +3.9% | +9.8% |
| HOGS | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | -1.5% | -11.2% |
| LCATTLE | 2018-08-23 | [Hormel Foods cuts sales outlook as tariffs, meat glut bruise earnings \| Food Dive](https://feedsoft.ai/events/63685-hormel-foods-cuts-sales-outlook-as-tariffs-meat-glut-bruise-earnings-food-dive.md) | +0.0% | +2.6% |
| LCATTLE | 2025-04-03 | [Beefed-up tariffs leave global protein markets in a stew](https://feedsoft.ai/events/25246-beefed-up-tariffs-leave-global-protein-markets-in-a-stew.md) | -2.0% | +0.8% |
| LCATTLE | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +0.5% | -5.6% |

## Sources

- money.cnn.com: https://money.cnn.com/2018/07/30/news/companies/tyson-chicken/index.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.