“Fiscal 2010 should be a much better year,” said Jim Lochner, Tyson’s new chief operating officer. “We think Beef, Pork and Prepared Foods [business units] will continue with a solid performance, and we expect the steps we’ve taken to improve Chicken will manifest themselves.
“Also, USDA data points to lower overall protein supplies, and there is potential for good demand improvement as the global economy recovers,” he added.