Tyson: Still too much beef-processing capacity
BY ART HOVEY
Lincoln Journal Star
Anybody seeking a message of certainty from John Tyson about the stability of Nebraska’s meatpacking industry would have come up a bit short in Lincoln Tuesday.
The chairman of the board of the nation’s largest beef processor predicted another round of “rationalizing” in beef-processing capacity.
Outside the ranks of meatpackers, rationalizing usually means creating false justification for action.
In the language of meatpackers, it means acting with full justification to downsize processing capacity to the reality of fewer cattle.