[Cattle Shortage Drives U.S. Beef Prices to Record Highs, Trump Demands DOJ Investigate Monopoly Practices] Jin10 News, November 10 – Tyson Foods Inc., a U.S.-based company, stated that despite the Trump administration accusing the meat processing industry of driving consumer beef prices to record highs, the company expects its performance next year to remain largely unchanged. The largest meat processor in the U.S. projects adjusted operating income for fiscal year 2026 to be between $2.1 billion and $2.3 billion, compared to $2.29 billion this year. Meanwhile, its beef division is expected to record an adjusted operating loss of $400 million to $600 million next year, compared to a loss of $426 million this year. Tyson's largest division continues to face significant pressure from severe cattle shortages, which have driven up prices and limited sales. The adjusted operating profit margin for its beef business in the fourth quarter was -1.6%, better than analysts' expectations, but sales volume plummeted by 8.4%. Last Friday, Trump stated that he had asked the Department of Justice to investigate the meat processing industry, accusing it of inflating prices. The industry has long faced bipartisan scrutiny for being overly concentrated, leading to antitrust investigations at the end of Trump's first term and Biden-era initiatives allowing producers to report unfair trade practices.