Beef Magazine is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Cattle Prices, Soft Demand Prompt Packer Slowdown

Major packers continue to trim back beef-processing operations in the face of softer demand and cattle prices too high to cover production costs.

Major packers continue to trim back beef-processing operations in the face of softer demand and cattle prices too high to cover production costs.

MeatNews.com reports this week Tyson Foods' intentions to trim beef production at its U.S. plants for 6-8 weeks. Plans call for a production cut of about 12,000 head of cattle per week.

Meanwhile, National Beef Packing plans to reduce operations at its Dodge City and Liberal, KS, plants to about 37 hours a week from the current 40-48 hours. And Swift intends to continue limiting production at three of its four U.S. beef processing facilities -- Cactus, TX; Grand Island, NE; and Greeley, CO. -- to 32-37 hours/week.
-- Joe Roybal