Meat processing giant Tyson Foods saw its shares surge by nearly 12 percent on opening bell Monday after the company reported forecast-beating fiscal first-quarter profits, boosted by higher consumer prices amid the broader inflationary environment. Tyson Foods, the biggest U.S. producer of processed chicken and beef, reported net income of $1.126 billion in the company’s fiscal first quarter of 2022, more than double the $472 million it reported in the year-ago quarter. The company also reported quarterly net income of $2.87 per share, beating forecasts of around $1.90. The profit surge came on the back of a more modest rise in sales of $12.93 billion in the first quarter compared to $10.46 billion in the first quarter of 2021. The meatpacking giant said that high consumer prices amid strong demand and supply-side constraints helped the company boost operating income in beef, chicken, and pork. Beef prices jumped by 32 percent in …