Page 35 - MWC 10-5-2023s
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Packer Capacity                                                       By Greg Henderson     The Midwest Cattleman · October 5, 2023 · P35





         The     global    COVID-19 cattle producers toward fi- building their own packing  creased packing capacity has
      pandemic provided histor- nancial ruin. Harvest-ready  plants, bypassing the bottle- begun. At least eight projects
      ic windfall profits for beef  cattle  backed up  in feedlots  necks and keeping the profits  that have the potential to add
      packers, but at its peak, the  as packers were banking ob- for themselves.                              11,700 head to daily harvest
      packing industry was a bot- scene profits.  That scenario               Fast-forward three years  capacity are in various stag-
      tleneck that drove many  spurred producers to explore  and progress toward in- es of completion.  The three
                                                                                                              smallest of those projects, all
                                                                                                              with a daily harvest of 500
                                                                                                              head, are operating now.

                                                                                                              BEEF PLANT PROJECTS


                                                                                                              TruWest Beef
                                                                                                              Jerome, Idaho| 500

                                                                                                              InterMountain Packing
                                                                                                              Idaho Falls, Idaho | 500

                                                                                                              TruWest Beef, a division of
                                                                                                              AgriBeef, and Intermountain
                                                                                                              Packing, both began opera-
                                                                                                              tions last year.

                                                                                                              Sustainable Beef, LLC
                                                                                                              North Platte, Neb. | 1,500

                                                                                                                 Sustainable      Beef    LLC
                                                                                                              broke ground on its $325
                                                                                                              million project in October of
                                                                                                              last year and expects to open

                                                                                                                            continued on page 36

















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