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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At the White House’s “Celebration of Agriculture,” the Trump Administration announced a slate of policies to support farmers and ranchers, including biofuel mandates, SBA loan programs, and new labeling policies to boost domestic markets for ag products.
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Margins shift across the chain based on timing.
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manage risk as milk price volatility increases.
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Strong beef demand is offsetting weaker cash cattle.
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AFBF Economist Danny Munch breaks down a new Farm Bureau analysis showing that producers now earn less than 6 cents of every food dollar, as farm input costs continue to squeeze margins.
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