NEWS
Cargill to Close Wis. Beef Plant
Wed Jul 30, 2014 03:41 PM CDT

(Dow Jones) -- Cargill Inc. said Wednesday it is closing a Wisconsin beef plant that employs 600 workers, the latest example of how tight cattle supplies are roiling the meat business.

The closure comes after years of drought in major cattle-raising regions of the U.S. have forced ranchers to cull their herds, resulting in the smallest national cattle herd in more than six decades.

Cargill, one of the largest U.S. beef processors, said it would close the beef slaughter facility in Milwaukee, effective Aug. 1. The plant, which it purchased in 2001, has the capacity to process 1,300 to 1,400 ...

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