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Cargill Sinks $48 Million in Kansas Beef Plant

Cargill Sinks $48 Million in Kansas Beef Plant

By Amanda Brodhagen, Farms.com

Cargill Inc. plans to invest $48 million to build an order distribution center to support its existing beef processing plant in Dodge City, Kansas.

The distribution center is expected to hold 155,000 boxes of beef, which will increase its capacity by 130,000 boxes. Construction of the center is expected to begin in the fourth quarter of 2013 and open spring, 2015.

In a company statement Cargill said it plans to enhance its other beef plants in Nebraska, Texas and Alberta. Cargill’s Dodge City plant slaughters about 6,000 head of cattle daily.
 


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Iran War = “Trend is Your Friend” Short-Term BUT……

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Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.