Business
Meat producer closes facilities in Utah and Illinois as beef prices rise for consumers amid historic cattle shortage
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Global — Gaya Gupta
Meat producer closes facilities in Utah and Illinois as beef prices rise for consumers amid historic cattle shortage
People in the US: how much do you spend on food per month?
Tyson Foods, the largest meatpacking company in the US, announced last week that it is closing two of its facilities in Illinois and Utah and selling a beef facility in Washington state, and will lay off hundreds of workers as the supply of cattle hits a 75-year low.
The historic cattle shortage has been driven by a multi-year drought, rising costs and severe economic pressures, including consolidation among cattle ranchers. Beef prices have soared over the last year due to the shortage, though economists said the Tyson plant closures likely won’t hit consumer prices so hard.
People in the US: how much do you spend on food per month?
This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Gaya Gupta. Published 21 Aug 2026, 04:01 pm.
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