Tyson expected to report quarterly profit

Pork could drive strong performance

Thomson Reuters I/B/E/S expects Tyson Foods Inc. to report a quarterly profit of $0.18 per share in its Securities and Exchange Commission filing on February 5, 2010, thanks in part to robust pork exports and organ meat prices, as well as healthy beef performance. Chicken is not expected to boost profits, thanks to a rise in feed costs and a drop in breast meat prices, according to Reuters news agency.

Jim Robb, economist at the Livestock Marketing Information Center, told Reuters that industry-wide pork profit margins rose 30% to 35% in the final quarter of 2009 from the same period in 2008, while HedgersEdge.com reported that pork processors earned $5.48 per head per week at the end of 2009.

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