date:May 10, 2012
nt, which essentially broke even.
Tysons chief operating officer James V. Lochner attributed the Q2 results to an issue with demand.
Since our last call the industry appeared to be headed toward a recovery and we briefly returned to normalised margins in late February and early March, said Lochner.
Then the unwarranted controversy over lean finely textured beef, temporarily destroyed demand for ground beef and beef in general virtually overnight. This caused a rapid decline of over $120 pe