Corn growers hit back at Tyson over food v. fuel debate

Rick Tolman, CEO of the National Corn Growers Association doesn't have much sympathy for the meat and poultry industry who complain they are getting  side-whacked by the rising price of corn.

He notes that Tyson CEO Richard Bond, is reporting that “quarterly operating income improved $300 million over the same period last year.” According to Mr. Bond, “this was our strongest performance since the fourth quarter of fiscal 2005.” Over that same time period, Tyson stock price has gone from just over $14 a share to about $22 a share.

Click here to read Tolman's op-ed 'Shed no Tears for poor Tyson.'

- David Adams