Tyson is shuttering two beef plants and selling a third as cattle supply crisis worsens

Business & Finance
16 Aug 2026 • 9:45 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Tyson is shuttering two beef plants and selling a third as cattle supply crisis worsens

  • Tyson Foods has announced plans to close its beef plant in Joslin, Illinois, and its case-ready facility in Eagle Mountain, Utah, while also seeking a buyer for its beef plant in Pasco, Washington.
  • The decision follows a $138 million operating loss in Tyson's beef unit caused by an ongoing national cattle shortage, rising operational costs, and declining retail meat demand driven by inflation.
  • The Illinois shutdown alone is expected to result in roughly 2,500 union job losses, federal officials representing the state said in a news release, while more than 7,000 employees will lose jobs at the Utah plant.
  • To maintain processing capacity, Tyson plans to consolidate primary beef operations across facilities in Amarillo, Texas; Holcomb, Kansas; and Dakota City, Nebraska, including reinstating a second shift in Amarillo.
  • The move reflects broader industry pressures from multi-decade low U.S. cattle inventories and pest-related import limitations, which have also forced competitors like JBS to shut facilities after posting significant net losses.

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