Tyson Sees Flat 2026 Profits Even With Beef Prices at Record

Tyson Foods Inc. said it expects profits to be little changed next year as its beef segment continues to lose money, even as the Trump administration points to the meatpacking industry for driving up prices.

The US’s shrinking cattle herd is still dragging on the profitability of the country’s biggest meatpacker, and supplies are only set to become more strained near-term as ranchers will need to hold back more animals from the meat supply to rebuild herds. Higher demand for chicken, Tyson’s second-largest source of revenue, again helped offset fourth-quarter beef losses.