Tyson Plant Closure: Beef Industry, Lexington Hit Hard
Update: 2025-11-25
Description
Tyson Foods closure of a major beef plant in Lexington, Nebraska, impacts the citys economy and the nations beef processing capacity. The plants closure, along with a reduction in shifts at another plant, eliminates over three thousand jobs and reduces processing capacity by seven to nine percent. This could lead to higher beef prices in the long term, as ranchers have little incentive to raise more cattle due to current market conditions. The news is devastating for the Lexington community, which has seen a revitalization since the plants opening in 1990, attracting thousands of immigrants and nearly doubling the population. Cattle prices are falling, and ranchers and feedlots are struggling with high costs and falling prices. The closure was likely inevitable due to significant losses in Tysons beef business and the plants inability to keep up with technological advancements.
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