JBS is closing two US beef plants as America's cattle herd falls to 86 million head, its lowest since 1951. The cattle shortage now squeezes even the giants.
Agribusiness
Key Facts
—The closures. JBS is shutting two US beef plants, cutting about 8 percent of its American beef capacity.
—The herd. The US cattle herd has fallen to about 86 million head, its lowest level since 1951.
—The jobs. The two plants, in Pennsylvania and Tennessee, employ roughly 1,700 workers between them.
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