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Tyson's announcement to permanently close its 5,000-head-per-day plant in Lexington, Neb., sent cattle futures limit down and raises critical questions for producers in Nebraska and beyond. Join us as we break down the market implications, compare this closure to past events like Holcomb and Plainview, and discuss what the latest economic research says about price markdowns and capacity constraints. We'll also cover new processing capacity coming online and key factors to watch as you make marketing decisions. With: Elliott Dennis, Associate Professor, Livestock & Meat Economist, UNL Center for Agricultural Profitability Laura Field, Executive Vice President, Nebraska Cattlemen Craig Uden, Cattle Feeder, Dawson County, Nebraska Jake Smith, Assistant Professor, Department of Agricultural Economics, UNL Jessica Groskopf, Extension Agricultural Economist, UNL Center for Agricultural Profitability More: https://cap.unl.edu/tyson-plant-closu... 03:19 — Market Context & Why the Closure Matters 05:35 — Beef Supply Trends & Cattle Cycle Dynamics 10:04 — Processing Capacity, Utilization & Plant Structure 13:17 — U.S. Packing Industry: Consolidation & Regional Shifts 19:21 — Plant Closures: Historical Perspective & Market Shocks 22:57 — Price Impacts from the Lexington Closure 27:09 — Long-Run Market Effects: Spatial Competition & Markdown Modeling 35:11 — Modeled Price Impacts: Expected Changes in Nebraska & Beyond 41:16 — Producer Impacts: Freight, Marketing Options & Local Adjustments 46:34 — Policy & Industry Response 50:01 — Q&A: Transportation Costs, Imports, Herd Size & Capacity Risks 01:00:34 — Closing Remarks & Next Steps