In this file:
· Tyson shifts its poultry to stores
· Tyson boosts meat delivery as coronavirus panic clears grocery store shelves
Tyson shifts its poultry to stores
Plants dropping restaurant orders
by Nathan Owens, Arkansas Democrat-Gazette (AR)
Mar 19, 2020
Food companies have been working overtime to ensure that chicken thighs, beef tenderloins and other meats fulfill demand during the coronavirus pandemic. Lately, shoppers have been met with empty shelves and meat cases.
In response, Tyson Foods Inc., the nation's largest meatpacker, is shifting production of chicken, beef and pork from restaurant packaging to products suitable for grocery stores. This began last week with Tyson employees fulfilling as many orders as possible through the weekend. The company has been able to adjust production when needed.
"This is the most significant shift we've ever initiated," Tyson spokesman Gary Mickelson said this week.
In recent days Americans have quarantined themselves and are practicing social distancing to curb the spread of the novel coronavirus, which has affected demand across the board. Analyst Ben Bienvenu of Stephens Inc. said shoppers are "clearing shelves in a panic buying frenzy."
To meet this demand, buyers have been paying premiums on chicken breast and other household staples to cover their needs, Bienvenu said in a research brief. Meanwhile, restaurants, bars and cafes are closing or reducing hours in response and the food-service sector is slowing. He also said that Stephens is anticipating supply chain disruptions across industries that could result in labor shortages at processing plants.
Tyson, which has 100 plants in the U.S., has no facility closures at this time and is adjusting to ensure a steady stream of food at grocery stores.
"The food supply in the U.S. is more than sufficient and we're taking a variety of measures to meet the shifting increase in demand now, and to ensure a steady supply moving forward," Tyson President Dean Banks said in a company blog post Wednesday. "There is plenty of food available. We are working closely with our retailer partners to ensure our products are on their shelves, so that you have what you need to feed your family."
Chicken producer Sanderson Farms is also taking steps to ensure shelves and meat cases are stocked. Mike Cockrell, chief financial officer of Sanderson Farms, said...
Tyson boosts meat delivery as coronavirus panic clears grocery store shelves
Tyson, Sanderson Farms shift poultry production amid grocery store shortages with COVID-19 spread
By Jeanette Settembre, FOXBusiness
Mar 18, 2020
Tyson is assuring Americans that there is no shortage of meat and is increasing its efforts to restock grocery store shelves amid the widespread coronavirus outbreak.
America’s largest meat producer is responding to empty store shelves at grocery stores and nationwide restaurant closures by shifting some of its meat production from food service to retail to satisfy increased demand.
“The food supply in the U.S. is more than sufficient and we’re taking a variety of measures to meet the shifting increase in demand now, and to ensure a steady supply moving forward. There is plenty of food available,” Tyson Foods President Dean Banks wrote in a company blog post on Tuesday.
Tyson, which has more than 100 production plants in the U.S., said it would shift production for meats like chicken, beef and pork products originally designated for restaurant supply, to packages suitable for grocery stores.
Banks said Tyson has shifted production in the past, but not at this level of scale.
“While we’ve made moves like this before, this is the most significant shift we’ve ever initiated,” Banks said.
Customers have flooded grocery stores as restaurants close in an effort to contain the spread of the virus. As a result, there have been shortages of fresh meat and canned items in addition to hand sanitizer and household items like paper towels and toilet paper across the country...