U.S. Reels to a Meat Shortage and Prices Are Getting Weird

(Bloomberg) — First, it was just one plant shutting down. But now, it’s at least seven major U.S. meat facilities that have seen halts in the space of just a few weeks, and all those voices assuring Americans that supplies would be fine now sound like a chorus of concern over shortages.Tyson Foods Inc. early on Wednesday said it was idling its largest pork plant, which is based in Iowa. Less than 10 hours later, the company said it was shuttering another pork facility in Indiana. That adds to a string of other closures.Currently, about 18% of hog-slaughtering capacity is …read more

Source:: Yahoo Finance

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