A Nebraska beef plant will soon be closing its doors and leaving 3,000 workers without jobs.
Nebraska Congressman Adrian Smith says that he is urging the company to keep the property available for future opportunities.
“The last thing we want is a shuttered facility falling into disrepair. Now, I would think that Tyson would want a better scenario than that as well, and so given the fact that there’s still shortages in the labor force, workforce, other dynamics here that this, you know, I’m hoping can turn into an opportunity rather than such the challenge that it currently is right now,” Rep. Smith states.
He says that he is confused as to why Tyson would want to shutter this plant, given the volume of cattle available.
Nebraska is consistently among the top three states for cattle on feed.
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Ben Kurtzman with American Farmland Trust discusses the growing pressure on farmland and ranchland and the steps being taken to help conserve farms and ranches across the country ,as unrest in the Middle East adds more obstacles for producers.
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Jake Charleston of Specialty Risk Insurance offers his perspective on current cattle market conditions and shares advice for producers seeking to stay protected in an uncertain market.
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Strong consumer demand supports livestock market outlook.
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Strike risk adds volatility to already tight markets.
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