Tyson’s Beef Woes Linger Despite Higher Protein Demand

America’s huge appetite for protein is helping support Tyson Foods Inc.’s results, yet the country’s largest meatpacker continues to be dragged down by pressures from a severe cattle shortage.

Tyson’s beef segment, its largest, extended a string of quarterly losses that began at the start of 2024. The company has counted heavily on consumer demand to boost chicken volumes and raise beef prices, while weathering a tight US cattle supply that shows little signs of recovery.