Tyson Foods to close US beef plant as cattle supplies dwindle
ReutersNov 21, 2025 9:10 PM
By Tom Polansek
CHICAGO, Nov 21 (Reuters) - Tyson Foods TSN.N will close a beef plant in Lexington, Nebraska, with about 3,200 employees after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday.
Supplies are expected to remain tight for the next two years, forcing meatpackers like Tyson and JBS USA to pay steep prices for cattle to process into steaks and hamburgers.
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