Tyson Cuts Beef Plants Amid Cattle Shortage | Business and Finance News

Tyson Foods is slashing beef production by shutting down two plants and eyeing a third for sale, consolidating operations into just three facilities as U.S. cattle shortages hit record lows—forcing the company to cut capacity by a third and even consider a second shift in Amarillo, Texas, while CEO Donnie King warns ranchers aren’t expanding herds anytime soon, leaving meat prices soaring and industry rivals like JBS also reeling from supply crunches. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/df9201a2c406d917