(Reuters) — Tyson Foods Inc. said on Friday the porcine epidemic diarrhea virus will decrease pork production by two percent to four percent.
Tyson made the comments during its quarterly earning conference call. PED is a fatal pig virus that is spreading across the United States and Canada. Tyson Foods, based in Springdale, Arkansas, is the largest U.S. meat processor.
Tyson reported net income rose to $254 million, or 72 cents per share, from $173 million, or 49 cents per share, a year earlier, beating analysts estimates.
