Striking Beef Plant Workers to Resume Work -- WSJ

Dow Jones
04/05

By Patrick Thomas

Thousands of striking beef plant workers in Colorado agreed to return to work, ending a three-week strike at a slaughter plant owned by JBS, the world's largest meatpacker.

The union representing 3,800 striking workers at the Greeley, Colo. beef plant said Saturday that JBS has agreed to a new round of contract negotiations, with talks set to resume April 9 and 10. Workers will report for their shifts starting Monday.

JBS's Greeley plant can slaughter about 6,000 cattle a day, representing roughly 5% of U.S. beef-processing capacity. The strike, which began March 16, has been the largest at a U.S. meat-processing plant in decades.

The United Food and Commercial Workers International Union last year agreed to a new long-term labor contract covering about 26,000 JBS workers across more than a dozen U.S. facilities. It also provided meatpacking workers with a pension plan for the first time in decades.

The UFCW local in Greeley opted out of the deal, saying JBS's wage increases don't keep pace with inflation. "Workers remain united and will continue to fight," Kim Cordova, the local's president, said Saturday.

JBS executives have said the company's proposals to the union were fair and remain on the table. A JBS spokeswoman said Saturday that the decision by the union to return to work comes without any new agreement or change to the company's original offer.

"We are pleased to welcome our team members back and are preparing to resume and ramp up operations at the Greeley plant next week," the spokeswoman said. "Our last, best and final offer remains on the table."

The JBS workers have been on strike at a time when beef prices are at records, and meat companies are losing billions of dollars annually producing rib-eye steaks and ground beef. The smallest cattle herd in 75 years has driven up the cost of purchasing cattle from ranchers, squeezing meatpackers' profits.

JBS has said the plant had enough workers to run a partial shift during the strike. The company has also been able to shift cattle deliveries to its other large U.S. processing facilities, such as Grand Island, Neb., and Cactus, Texas, which weren't operating at full capacity because of the cattle shortage.

Write to Patrick Thomas at patrick.thomas@wsj.com

 

(END) Dow Jones Newswires

April 04, 2026 21:09 ET (01:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10