Tag: Nebraska
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Tyson Foods to Shut Major Beef Facility in Nebraska as Beef Prices Rise
Tyson Foods Announces Closure of Major Nebraska Beef Plant Tyson Foods, one of the world’s largest meat producers, announced on Friday that it will permanently shut down its major beef processing facility in Lexington, Nebraska. The move, part of a broader shift in the company’s operations, underscores the twin pressures facing the U.S. beef sector:…
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Tyson Foods Shuts Major Nebraska Beef Plant, Foreshadowing Industry Shifts
Tyson Foods Announces Closure of Major Nebraska Beef Facility Tyson Foods, one of the largest players in the U.S. meat industry, announced on Friday that it would permanently close its sizable beef processing plant in Lexington, Nebraska. The move comes as the country grapples with elevated beef prices and historically low cattle inventories, factors that…