The Arkansas-based company said Monday the collaboration is intended to build a more economically sustainable model across the cattle supply chain. Tyson Chief Operating Officer Wes Morris said the partners aim to strengthen beef production, create value for American ranchers and help secure a reliable supply of high-quality beef for customers and consumers.
The move comes as constrained U.S. cattle supplies have contributed to price volatility and put pressure on Tyson’s beef business. In September, the company projected steeper losses in the segment for the fiscal year.

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