Tyson's shares have fallen ~10% over the last couple of days as earnings estimates have fallen. however, they are not alone, meat producers across the board have taken a hit. Pilgrims Pride shares fell ~$1, Smithfield Foods fell ~$0.50, Sanderson Farms fell ~$0.20 and Hormel Foods ~$0.14.
some analysts retain a 'buy' position for 'meat' companies, based on increasing prices, management restructuring, potential of exports to china and
added thurs 20070906 2:37pm (edt):
and if we think this isn't bad enough... how about the tortilla crisis??
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