Tyson Foods (TSN) CEO Tom Hayes fully acknowledges that inflation is lurking. 

"Depending on package [of food], it [inflation] may not seem that significant but it will cost more," Hayes told TheStreet. Two of the main culprits for the inflation, Hayes says, are rising wages for workers and a driver shortage in the trucking industry. 

 Full CEO interviews on our Youtube Channel

More from Video

Your Need to Know - Forward Look

Your Need to Know - Forward Look

Jim Cramer's Candid Investing Advice: "How I Approach Any Stock"

Jim Cramer's Candid Investing Advice: "How I Approach Any Stock"

Tinley CEO on the Future of Marijuana-Infused Beverages

Tinley CEO on the Future of Marijuana-Infused Beverages

From 'The Golden Rule' to a Struggling Retailer: J.C.Penney Timeline

From 'The Golden Rule' to a Struggling Retailer: J.C.Penney Timeline

FANG and Cloud Kings: How They can Change Your Financial Future

FANG and Cloud Kings: How They can Change Your Financial Future