Tyson Foods shares sink as meatpacker warns of ‘challenging market conditions' for beef

Tyson Foods reported lower-than-expected quarterly sales and stuck to its annual revenue forecast on Monday amid weaker demand for beef, sending shares down 9% and overshadowing better-than-anticipated profits.President Trump’s trade policies hung over the meat company due to concerns that tariff disputes could raise prices for a range of consumer goods and further reduce demand for pricey meat products.Beef prices have already climbed after US ranchers slashed their cattle herds due to a years-long drought ...