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Analysts said the August 9 fire at the Tyson beef plant in Kansas is still shaping cash cattle prices. Southern Kansas cash cattle traded $2 to $3 lower, and boxed beef prices have fallen back to near pre-fire levels.
Uncertainty about when the Kansas plant will rebuild or reopen keeps packing capacity constrained, which keeps pressure on cash cattle prices.
realagriculture.comRealAgriculture News Team30.08.2019Nach 29 vergangenen Ereignisse (bearisch, Logistik) bewegte sich Lebendrinder im Median über 5 Handelstage um -0,3 % (38% höher; mittlere Hälfte -2,0 % bis +0,5 %) und über 20 Handelstage um -3,7 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Analysts said the Tyson fire was still weighing on cash cattle, with boxed beef back near pre-fire levels, which set up further futures selling into early September.
The Tyson fire was still weighing on cash cattle, with Southern Kansas $2-3 lower, which pressured futures into the Sept 2 move.
