Tyson Foods to reorganize beef business around three central U.S. plants

Tyson Foods is reshaping its beef network as a historic U.S. cattle shortage drives up livestock costs and deepens losses across the meatpacking sector. The company said it will center its beef business on plants in Dakota City, Nebraska, Holcomb, Kansas, and Amarillo, Texas, while closing its Joslin, Illinois, beef plant and its Eagle Mountain, Utah, case-ready beef facility and pursuing a sale of its Pasco, Washington, beef plant. Tyson said it will shift capacity from those locations to other sites, restore a second shift in Amarillo as cattle supplies improve, and help affected workers seek roles elsewhere, but it has not disclosed how many employees or cattle will be affected. The restructuring follows Tyson's January closure of its Lexington, Nebraska, beef plant and comes after the company widened its fiscal 2026 forecast for adjusted operating losses in beef to $500 million to $650 million from $350 million to $500 million. U.S. cattle inventories have fallen to a 75-year low after prolonged western drought damaged grazing land, while restrictions on cattle imports from Mexico tied to New World screwworm have added pressure. The Trump administration in July set aside up to $500 million for small and medium-sized meatpackers to offset higher cattle costs, but Tyson, JBS NV, Cargill and National Beef, which together process about 85% of U.S. beef, were not included.

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