The Cattle Business Weekly
For cattlemen, by cattlemen is this podcast bringing you the latest in cattle industry headlines straight from the news desk of The Cattle Business Weekly in South Dakota. It's a dose of what's happening in markets, on the ranch and in Washington, D.C. It's news about everything that impacts a cattle operation's bottomline (aka profit). Listen to us in the feed truck, on the way to a cattle sale or on the porch with a beer! We promise you won't go away without having learned something.
The Cattle Business Weekly
Economic Impacts of the Tyson Beef Plant Closure in Lexington, Nebraska
The estimated annual statewide economic impact of the Tyson plant closure in Lexington, Neb. is 3.283 billion dollars, according to a report from the University of Nebraska-Lincoln. Tyson announced on Nov. 21 that it would be closing its Lexington plant which employs roughly 3,200 people and can slaughter almost 5,000 cattle per day – approximately 4.8% of total daily U.S. beef slaughter. The new report released on Dec. 22 cites both direct and multiplier effects on the Nebraska economy once the beef processing facility closes on Jan. 20, 2026. Total labor income losses are projected to be 530.431 million dollars...