By Tom Polansek CHICAGO (Reuters) -Tyson Foods will close a beef plant in Lexington, Nebraska, with about 3,200 employees after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday. Supplies are expected to remain tight for the next two years, forcing meatpackers like Tyson and JBS USA to pay steep prices for cattle to process into steaks and hamburgers. (Reporting by Tom Polansek; Editing by Cynthia Osterman)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)