Christmas slaughter dips, Tyson closure to trigger plant efficiency gains

Packers are buying this week for an upcoming full slaughter week. Fed cattle supplies remain tight, but by the end of the month the Tyson plant in Lexington will shut down, prompting remaining plants to adjust slaughter volumes in line with beef demand. Plant utilization rates are expected to improve, allowing for greater operational efficiency. According to The AG Center, lowering costs in the beef supply chain will ultimately benefit consumers.