The mayor of Perry, Iowa, has hope for a Tyson facility that is set to close and put 1,300 people out of work.
Perry Mayor Dirk Cavanaugh told a local radio station that he is confident a deal will materialize despite stalled negotiations with a potential buyer for the facility.
Cavanaugh also shared plans to take a delegation of impacted community members to visit Tyson’s Arkansas headquarters to find a resolution.
He said they need Tyson to allow someone else to come in and help their rural community. Perry, Iowa, is home to just under 8,000 people.
Related Stories
The National Cattlemen’s Beef Association (NCBA) and Public Lands Council (PLC) are praising the passage of a bill to delist gray wolves as an endangered species by the U.S. House last week.
Recent USDA export sales data show China has been active in the U.S. market, but analysts tell RFD-TV News that the timing is a key clue.
Tight feeder supplies and lower placements indicate continued support for the cattle market, with regional impacts heightened in Texas by reduced feeder imports.
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.
Lower milk prices may pressure margins, but strong cattle values could soften near-term financial impacts.
The Pet and Livestock Protection Act now moves to the Senate for consideration.
