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10h ago

Tyson Cuts U.S. Beef Footprint, Closing Two Plants and Seeking Buyer for Third

Tyson says the moves respond to a 75-year low in the U.S. cattle herd, with soaring cattle costs driving large losses in its beef unit.

A cow stands in the Lubbock Feeders feedlot, that has 350 acres of feedyard pens, in Lubbock, Texas, U.S., April 22, 2026. REUTERS/Annie Rice/File Photo
Image
A woman was carjacked in the Tyson Foods{ }parking lot on March 27, 2023 (Steve Douglass/KVII)
North Platte, Nebraska, USA – June 28, 2013: A Tyson Foods semi truck on Interstate 80 near North Platte. Tyson Foods is a multi national food processor.

Overview

  • Tyson disclosed Thursday that it will end operations at its Joslin, Illinois beef plant and its Eagle Mountain, Utah case-ready facility and will pursue a sale of its Pasco, Washington plant.
  • The company will concentrate U.S. beef processing at Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas and plans to restore a second shift at Amarillo as cattle become available.
  • Tyson widened its fiscal 2026 beef guidance to an adjusted operating loss of roughly $500 million to $650 million and said the closures aim to cut costs after sustained segment losses.
  • The company blamed a decades-low cattle herd, drought-driven herd shrinkage and disrupted live imports from Mexico linked to New World screwworm controls, and noted USDA’s phased border reopenings will only ease supply slowly.
  • Local impacts include thousands of lost jobs and strained rural markets, while analysts warn the consolidation could change regional cattle bidding and that herd rebuilding will take many months to affect supplies.