Tyson Foods, Inc. (NYSE:TSN) Q2 2019 Earnings Conference Call - Final Transcript
May 06, 2019 • 09:00 am ET
we're working with others in the industry, government agencies and producers to prepare in the event ASF spreads to North America. A worldwide decrease in pork supply could put pressure on our Prepared Foods business by increasing raw material costs, while offering significant upside to our pork, chicken and beef businesses. The power of our diversified business model and broad product portfolio across multiple geographies will be even more important under these circumstances.
Thinking back to similar incidents like PEDV in 2013 and BSE in 2003, we've been able to manage through difficult situation and maximize opportunities when continuity of supply becomes even more important. I believe there is no company better positioned than Tyson Foods to handle what lies ahead.
That concludes our prepared remarks, and we are ready to begin Q&A.