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Tyson Reports $138M Beef Loss as Prices Soar, Herds Plummet

8/11/2026

38 8 Full Breakdown

Summary

Story summary

Tyson Foods CEO Donnie King reported a $138 million loss in the beef segment.
Beef prices rose 11.8% year-over-year, with ground beef up 12.4% and roasts up 13.8% per Bureau of Labor Statistics data.
Herd sizes fell to the smallest level since 1951 because droughts and screwworms limited pastures and imports.
U.S. Department of Agriculture (USDA) June Cattle on Feed report showed fewer cattle placed on feed and marketed, tightening supply.

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Story summary

Tyson Foods CEO Donnie King reported a $138 million loss in the beef segment.
Beef prices rose 11.8% year-over-year, with ground beef up 12.4% and roasts up 13.8% per Bureau of Labor Statistics data.
Herd sizes fell to the smallest level since 1951 because droughts and screwworms limited pastures and imports.
U.S. Department of Agriculture (USDA) June Cattle on Feed report showed fewer cattle placed on feed and marketed, tightening supply.