10/16/2026
SEASON 5, EPISODE 51: Tyson Is Losing Money on Beef. You're Paying Nearly $7 a Pound.
π Tyson expects to lose $500 to $650 million on beef this fiscal year. Its earlier forecast was $350 to $500 million.
π It's closing its Joslin, Illinois plant (about 2,500 union workers) and a Utah case-ready plant (at least 723 jobs), and trying to sell Pasco, Washington.
π° Ground beef averages nearly $7 a pound. Lean ground beef hit $8.65 in June. Both are Bureau of Labor Statistics numbers.
βοΈ Tyson agreed to settle beef price-fixing claims without admitting wrongdoing: $80 million to direct buyers and $55 million to consumers.
π Wait what: Tyson blames too few cattle. But a federal judge just cleared beef buyers to sue the four big packers. Court filings estimate nearly $14 billion in damages for the biggest buyers and about $17.6 billion across all buyer groups. The packers deny wrongdoing.
π₯© Meat Without the Marketing isn't about buying more β it's about buying smarter. I'm Nathan with Hooves, Fins, and Feathers, and I'm here to expose the buzzwords, labeling tricks, and marketing gimmicks the meat industry uses to influence what you buy β so you can cut through the bu****it and stop buying sh*tty meat. New episode every week.
If you're tired of not knowing what's actually in your meat β stop watching and start ordering. Link's in my bio.