VegNews Daily

Tyson Foods Sees 43 Percent Fall in Net Income

The major meat purveyor faced a significant profit loss during its second quarter due to rising feed prices and dwindling demand.

Tyson Foods experienced more than a 40 percent decrease in net income in the first three months of 2013, falling from $166 in the first quarter of 2012 to $95. According Tyson CEO Donnie Smith, more consumers opted to buy the meat company’s less expensive chicken products, which was reflected in the company’s poor beef sales. He also noted that raised feed prices, a dwindling demand for prepared foods, and the disappearance of international markets also contributed to the second quarter financial shortfall.

 


Rochester, NY to Get All-Vegan School

Rochester River School plans to serve only vegan food and base curriculum around humane education.
Read More »

Barnum & Bailey Officially Retires Circus Elephants

11 elephants will be transitioned to a conservation center in Florida for retirement—and, sadly, cancer research.
Read More »

Vegan Fast-food Middle Eastern Eatery Opens in DC

Shouk’s plant-based Middle Eastern menu offers unique dishes devoid of meat analogues and soy.
Read More »

Food Writer Fooled by New Animal-Free Burger

Bon Appétit editor was shocked by realistic “bleeding” burger.
Read More »

Texas Hospital First in State to Promote Vegan Diet

In cattle country, Texas' Midland Memorial Hospital is promoting a plant-based plan to help its patients prevent and cure disease.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »