Tyson Foods announced this week that it was shutting its Perry, Iowa plant. Press reports indicate that the facility has a capacity of about 9,000 hogs per day, industry estimates put it at around 8,250 to 8,500 head per day. It is a relatively smaller plant and is now 61 years old. Given the state of the industry, with a smaller pig crop and fewer market hogs, this plant would be expected to stay closed. It will be closed at the end of June, and any loss of capacity (netting the extension of the line speed pilot program, etc.) would most likely be felt in Q4 of the year. From a price perspective, that could hit Iowa. Nonetheless, pork production is forecast to increase in 2024, driven by demand. High retail prices for beef are a factor be...