Tyson Foods to close beef plants in Illinois and Utah

Tyson Foods cattle shortage beef industry meatpacking facility closures

Tyson Foods is restructuring its beef operations in response to a historic U.S. cattle shortage. The company announced plans to close its beef plant in Joslin, Illinois, and its case-ready facility in Eagle Mountain, Utah. Additionally, Tyson is seeking a buyer for its beef plant in Pasco, Washington.

To manage the supply crunch, Tyson will centralize its beef business around three primary facilities: Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas. The company intends to shift production capacity from the shuttered sites to these locations, which it describes as having ample capacity for growth. Tyson also plans to return its Amarillo plant to a second shift as cattle supplies improve.

The restructuring follows a period of financial pressure, as rising cattle costs have outpaced beef prices, leading to losses in the beef division. Tyson expects its beef business to face significant losses in fiscal 2026. Analysts suggest the move could reduce annual costs by $100 million to $150 million, though the company's daily slaughter capacity has seen a notable decline since early 2025.

Entities

Amarillo, Texas · Barclays · Donnie King · Eagle Mountain, Utah · Joslin, Illinois · Pasco, Washington · Stephens Inc. · Tyson Foods · USDA

Claims

What the coverage asserts, and how many sources carry each claim.

[● 5 SOURCES] Tyson shares have lost nearly 30% of their value over the last five years. mix929.com · wkzo.com · wxerfm.com · www.checkout.ie · www.insurancejournal.com
[● 5 SOURCES] Rising cattle costs have outpaced gains from beef prices for U.S. meatpackers. mix929.com · wkzo.com · wxerfm.com · www.checkout.ie · www.insurancejournal.com
[● 6 SOURCES] Tyson Foods will end operations at its case-ready beef facility in Eagle Mountain, Utah. mix929.com · www.foxbusiness.com · www.foodbusinessmea.com · time.news · www.livenowfox.com · +1 more
[● 6 SOURCES] The company will anchor its beef business around plants in Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas. mix929.com · www.foxbusiness.com · www.foodbusinessmea.com · time.news · www.livenowfox.com · +1 more
[● 6 SOURCES] Tyson Foods is pursuing the sale of its beef plant in Pasco, Washington. mix929.com · www.foxbusiness.com · www.foodbusinessmea.com · time.news · www.livenowfox.com · +1 more
[● 6 SOURCES] The restructuring is a response to a historic cattle shortage in the United States. mix929.com · www.foxbusiness.com · www.foodbusinessmea.com · time.news · www.livenowfox.com · +1 more
[● 6 SOURCES] Tyson plans to ramp up a second shift at its Amarillo, Texas, plant as cattle become available. mix929.com · www.foxbusiness.com · www.foodbusinessmea.com · time.news · www.livenowfox.com · +1 more
[● 6 SOURCES] Tyson Foods will close its beef facility in Joslin, Illinois. mix929.com · www.foxbusiness.com · www.foodbusinessmea.com · time.news · www.livenowfox.com · +1 more

Sources

Tyson Foods to close beef plants in Illinois and Utah | Food Business Middle East & Africa - No. 1 Food & Beverage Formulation, Processing & Packaging Publication [www.foodbusinessmea.com]

29 days ago

Tyson Foods anuncia nuevos cierres en EE. UU. : estas son las plantas afectadas - nuevolaredo. tv [nuevolaredo.tv]

29 days ago

Tyson Foods Closes Two Plants and Seeks Buyer for Third Amid Shortage - Time News [time.news]

29 days ago

Tyson Foods will close or sell three US beef facilities as industry struggles [mix929.com]

30 days ago

Tyson Foods Shuts Down Major Beef Processing Plants Amid Historic Cattle Shortages - Oklahoma Farm Report [www.oklahomafarmreport.com]

29 days ago

Tyson, JBS to slash slaughter capabilities [www.tsln.com]

29 days ago

Tyson schließt Rinderanlagen und verkauft Werk – wegen historischer Knappheit [www.it-boltwise.de]

29 days ago

Tyson Foods will close or sell three US beef facilities as industry struggles [wxerfm.com]

30 days ago

Tyson Foods will close or sell three US beef facilities as industry struggles [wkzo.com]

30 days ago

Tyson to sell WA beef plant, close facilities in Illinois, Utah [capitalpress.com]

29 days ago

Para MBRF, fechamento de plantas da Tyson nos EUA terá efeito positivo para o setor [globorural.globo.com]

29 days ago

Tyson Foods Will Close Or Sell Three US Beef Facilities | Checkout [www.checkout.ie]

29 days ago

Tyson Foods to close two facilities, pursue sale of third amid cattle shortage [www.livenowfox.com]

29 days ago

Tyson to Close More Beef Plants as Cattle Shortage Drags On [www.insurancejournal.com]

29 days ago

Tyson Foods to close 2 facilities, pursue sale of another amid 'historic' cattle shortage [www.foxbusiness.com]

about 1 month ago