Tyson, JBS to slash slaughter capabilities
Tyson Foods said it will close its Joslin, Illinois harvest plant and a Utah case-ready facility, and plans to sell a harvest facility in Pasco, Washington, citing U.S. cattle shortages. Tyson will anchor beef around Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas. JBS plans to shift Souderton, Pennsylvania to case-ready and invest $30 million. Analysts link closures to lower cattle prices and packer concentration.







