http://droughtreporter.unl.edu/

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Tyson Foods reported lower-than-expected quarterly sales and stood by its annual revenue forecast amid weaker demand for beef, sending shares down 9% and overshadowing better-than-anticipated profits. There were also concerns that tariff disagreements could increase prices for a variety of consumer goods and continue to lower demand for expensive meat products. Beef prices have already risen after U.S. ranchers slashed their cattle herds due to a years-long drought that dried up pasture lands used for grazing. Tyson’s beef business reported an adjusted operating loss of $181 million for the six months ending in March 2025. Reuters (New York), May 5, 2025