Cargill to Close Wisconsin Beef Plant

July 30, 2014 11:10 AM
Cargill to Close Wisconsin Beef Plant

Cargill Inc., the largest closely held U.S. company, plans to close its beef-processing plant in Wisconsin amid a shrinking domestic supply of cattle.

The Milwaukee, Wisc., factory will close Aug. 1, Cargill said in a statement today. The plant, which employs 600 people, was bought by Cargill in 2001 and can process as many as 1,400 animals a day. Ground-beef production will continue at the site, the Minneapolis-based company said.

"Closing our Milwaukee beef plant is taking place only after we conducted an 18-month-long analysis of the region’s cattle supply," John Keating, president of Cargill Beef, said in the statement. "The harsh reality is that the U.S. beef cattle herd is at its lowest level since 1951, with any significant herd expansion being years away."

U.S. cattle inventories as of July 1 fell to the lowest for the date since records began in 1973, the U.S. Department of Agriculture data said last week.

Cargill idled a beef plant in Plainview, Texas, last year. The company said today its six remaining U.S. beef processing plants are unaffected.

To read the full press release from Cargill click here.

Back to news



Spell Check

No comments have been posted to this News Article

Corn College TV Education Series


Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!


Market Data provided by
Brought to you by Beyer