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Statistics Canada published an overview of how COVID-19 disrupted the Canadian beef supply chain. Plant shutdowns and reduced food service demand pushed consumer beef prices up while cattle prices received by ranchers fell.
The release also notes that the supply chain largely held up and that some pandemic changes may persist.
Processing bottlenecks depressed cattle values and lifted retail beef prices, so the disruption shows how plant capacity constraints can widen the gap between cattle and beef prices.
www150.statcan.gc.caTyler Patrice17 nov 2020Tras 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.
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.
