Which three Tyson Foods beef facilities are being closed or sold, and where are the company's new beef business anchors?

Tyson Foods will close its beef facility in Joslin, Illinois, and its case-ready beef facility in Eagle Mountain, Utah, and pursue the sale of its beef plant in Pasco, Washington. The company will anchor its beef business around its plants in Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas.

What is the primary reason Tyson Foods cites for closing or selling these facilities, and what financial impact does it expect in fiscal 2026?

Tyson Foods attributes the closures to 'one of the most historic cattle shortages the country has ever experienced,' driven by a 75-year trough in U.S. cattle supply. The company forecasts an adjusted operating loss of $500 million to $650 million in its beef business for fiscal 2026, widening from its previous forecast of a $350 million to $500 million loss.

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