The Tyson beef division changes won’t occur this year. It also won’t happen in a vaccum. Competitors in the processing space are already in the planning stage to decide changes to each company’s operating mode and plant utilization. Plant utilization has hovered around 80% nationally and is likely to move to 90% for the remaining plants. This occurance will likely right size processing with the current fed supplies. Fed supplies won’t grow in the nation’s feedlots for at least another year — probably faster than the Tyson estimates, The AG Center said.
Subscribe to a plan to view this and all reports. this article
