Tyson Foods Shares Climb 1.5% with Beef Plant Closures Lifting Market Value by $240 Million

Shares of Tyson Foods, Inc. advanced 1.5% to $57.24 in premarket trade on Friday after the company announced intentions to shut down or divest three beef plants in the United States. Tyson ended the prior session at $56.39.

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JBS Plant Shutdowns Draw Attention to Beef Supply Limits Again

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.
20 June 2026
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China’s 55% beef tariff hits Australia as China caps imports for 2026

China’s 55% beef tariff hits Australia as China caps imports for 2026

China will charge an additional 55% tariff on beef imports that exceed new country quotas, tightening access for Australia and other major suppliers under a three-year safeguard system that began at the start of 2026. For 2026, China set quotas of 1.1 million metric tons for Brazil, 205,000 for Australia and 164,000 for the United States, and said the limits would rise gradually each year. South China Morning Post
2 January 2026
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