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Stock impact report

More US Beef Plants May Close as Cattle Herds Keep Shrinking [Yahoo! Finance]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Cattle placed in US feedlots, where animals are fed until ready to be slaughtered, dropped 11% from a year ago to a record low for November, according to a US Department of Agriculture report Friday. That follows earlier figures for October — typically the strongest month — that were also at the lowest level for the period. Most Read from Bloomberg Hudson Tunnel Digging Work to Start as Boring Machines Ready ICE Plans Detention Expansion With Deal to Design 'Mega Centers' NYC High Line-Area Building Floats $53 Million Bankruptcy Sale With Mamdani, the Humble Bus Gets Its Due NYC's Adams Challenges Mamdani Rent Freeze With Board Picks Overall inventories of cattle in feedlots as of Dec. 1 were down about 2.1% from a year ago. The situation, exacerbated by an ongoing halt of Mexican cattle shipments to prevent the spread of the deadly screwworm pest, is a major stress for beef processors that are operating at losses. It's also setting the slate for more expensive Americ Show less Read more
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