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Tyson Foods reported a 21% drop in quarterly profit, attributed to fires at two chicken plants. The Florida attorney general has requested information on possible anticompetitive conduct tied to the Georgia Dock chicken pricing index.
Lost processing capacity at major plants reduces near-term chicken output and demand for feed. Antitrust scrutiny of pricing could affect how chicken prices are set.
fortune.comReutersMay 8, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
