Cargando…
A fire at Tyson's Holcomb, Kansas beef plant, which handled about 6,000 head a day, knocked out a significant share of fed cattle packing capacity. Futures traders sold off sharply, with cattle contracts locked limit-down for two sessions.
Tyson said it would keep paying its roughly 3,000 employees while the plant is rebuilt.
Losing roughly 6% of packing capacity during seasonally heavy supplies forces cattle to move to other plants, pressuring cash and futures prices for fed cattle and feeders.
wlj.netPete Crow, WLJ publisher emeritus16 ago 2019Tras 29 eventos bajista de logística pasados, Ganado en pie se movió una mediana de -0,3 % en 5 sesiones (38% al alza; mitad central entre -2,0 % y +0,5 %), y -3,7 % en 20.
Tras 20 eventos bajista de logística pasados, Ganado de engorde (feeder) se movió una mediana de +1,3 % en 5 sesiones (60% al alza; mitad central entre -0,7 % y +2,0 %), y +2,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Cattle contracts locked limit-down for two sessions after the fire cut packing capacity, but the commentary was published after the window.
