Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
    
   
   
   
   
   
   
   
   
   

Agricultural News


Tyson Says Not Enough Cattle- and Announce Closure of Dennison, Iowa Beef Plant

Sun, 16 Aug 2015 06:37:17 CDT

Tyson Says Not Enough Cattle- and Announce Closure of Dennison, Iowa Beef Plant Tyson Fresh Meats closed their Denison, Iowa beef fabricating plant as of Friday "due to a continued lack of available cattle." The closing, which affects 400 jobs, will "better align its overall production capacity with current cattle supplies."


According to a news release from the Tyson Fresh Meats headquarters in Dakota Dunes, South Dakota, "This was a very difficult decision because it affects the lives of our people, their families and a community that has supported this plant for more than 50 years,” said Steve Stouffer, president of Tyson Fresh Meats. “However, the realities of the beef business have changed and we must continue to change with it to remain successful.


“The cattle supply is tight and there’s an excess of beef production capacity in the region,” he said. “We believe the move to cease beef operations at Denison will put the rest of our beef business in a better position for future success.”


The by-product rendering system at the Denison plant will continue operations. It will process by-products from other Tyson locations and will employ approximately 20 people.


The 400 workers affected by the end of beef production at Denison are being given an opportunity to apply for jobs at other Tyson locations. In fact, the company is offering financial incentives to hourly workers who qualify for production openings at the company’s Lexington, Nebraska, beef plant.


On Friday, Cattle traders pointed to the Tyson announcement as one of the reasons that cattle futures tumbled on Friday- initially dropping more than two dollars a hundredweight but coming back and finishing a dollar lower at $146.85, basis the October delivery.


The Denison beef plant has a long, rich history in the meat industry. It opened in 1961 as the first plant operated by Iowa Beef Packers (IBP), a start-up company that grew to become one of the world’s leading beef processors. IBP was acquired by Tyson Foods in 2001 and renamed Tyson Fresh Meats.


Tyson Fresh Meats’ other beef plants are located in Amarillo, Texas; Dakota City, Nebraska; Finney County, Kansas; Joslin, Illinois; Lexington, Nebraska and Pasco, Washington.


Tyson operates a large chicken and animal nutrition facility in Broken Bow, Oklahoma employing 1,750. They also have facilities just across the state line from Oklahoma in Sherman, Texas preparing case ready beef and pork and multiple locations in western Arkansas and southwest Missouri involved in the poultry business.



    

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Grazing Native Grass Pastures Is More Economical Than Feeding Hay to Cows in Winter  Wed, 16 Oct 2019 17:27:45 CDT
  • Corn Growers Continue to Search for Solutions to Aflatoxin  Wed, 16 Oct 2019 17:09:29 CDT
  • More Than 30 Speakers Set to Speak at the 28th Annual National No-Tillage Conference in St. Louis, Missouri  Wed, 16 Oct 2019 17:03:24 CDT
  • Annie’s Project Course Benefits Women in Agricultural Industry  Wed, 16 Oct 2019 16:52:04 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday, October 16, 2019  Wed, 16 Oct 2019 16:38:34 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday, October 16, 2019  Wed, 16 Oct 2019 16:38:10 CDT
  • Fitbits for Cows: A&M Researcher Milks New Technology for Higher Yields, Happier Cows  Wed, 16 Oct 2019 11:00:27
  • New Study Says Global Agricultural Productivity Growth Needs Slight Increase to Feed 10 Billion by 2050  Wed, 16 Oct 2019 08:55:06

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.