Cargill shuts down Plainsview Texas Slaughter Plant

[shaney]

<p>Cargill has announced that they will be shutting down its Plainview, Texas Cattle slaughter plant. Cargill cited a shrinking cattle supply as one of the reasons for the decision. Is this a big surprise, not really in terms of the excess capacity that is in North America. For Canada, the near term impact is a negative result on the futures market but the long term impacts for Canada are yet to be seen.</p><p>Hear Anne's commments here, [URL="http://www.realagriculture.com/2013/01/anne-dunford-cargill-closes-the-plainview-texas-cattle-plant/"]CLICK HERE [/URL]</p>