JBS Plant Shutdowns Draw Attention to Beef Supply Limits Again
JBS USA is set to close two U.S. meat plants as it trims operations amid tight cattle supplies and squeezed margins. The company will shutter its Souderton, Pennsylvania, beef plant, which processes about 2,000 cattle daily. JBS also plans to close its Empire Packing facility in Memphis, which handles meat cutting, packing and preparation for grocers and restaurants.