# U.S. says ransomware attack on meatpacker JBS likely from Russia

> U.S. officials say a ransomware attack on meatpacker JBS was likely carried out from Russia. JBS plants have remained closed, and U.S. beef and pork prices were already rising as China increased imports and feed costs climbed. Analysts say consumer impact depends on how long the plants stay shut.

- Date: 2021-06-01 · published 2021-06-01T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/46529-u-s-says-ransomware-attack-on-meatpacker-jbs-likely-from-russia
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Plant closures reduce packing capacity, which can push cash cattle and hog prices lower and tighten the meat supply chain, while feed demand may soften.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2021-06-03 | [Meatpacker JBS says all facilities operating after weekend cyberattack \| Reuters](https://feedsoft.ai/events/46713-meatpacker-jbs-says-all-facilities-operating-after-weekend-cyberattack-reuters.md) | +0.2% | +4.7% |
| LCATTLE | 2019-08-30 | [Markets slow to recover from post-fire crash \| Western Livestock Journal](https://feedsoft.ai/events/10035-markets-slow-to-recover-from-post-fire-crash-western-livestock-journal.md) | -4.4% | -3.7% |
| LCATTLE | 2019-10-14 | [The smoldering impact of Tyson Holcomb fire \| 2019-10-14  \| MEAT+POULTRY](https://feedsoft.ai/events/56529-the-smoldering-impact-of-tyson-holcomb-fire-2019-10-14-meat-poultry.md) | +1.3% | +7.1% |
| LCATTLE | 2019-08-16 | [Pete's Comments: Fire and ice \| Western Livestock Journal](https://feedsoft.ai/events/10652-pete-s-comments-fire-and-ice-western-livestock-journal.md) | -0.3% | -5.6% |
| LCATTLE | 2019-08-15 | [‘Significant’ market impacts expected after Tyson fire](https://feedsoft.ai/events/7607-significant-market-impacts-expected-after-tyson-fire.md) | -1.4% | -5.7% |
| HOGS | 2024-09-30 | [Cattle mixed ahead of possible port strike - CME
						 \| The Cattle Site](https://feedsoft.ai/events/28431-cattle-mixed-ahead-of-possible-port-strike-cme-the-cattle-site.md) | +1.6% | -1.2% |
| HOGS | 2021-09-30 | [China's farmers face more pain as power crunch drives up feed costs \| Financial Post](https://feedsoft.ai/events/45065-china-s-farmers-face-more-pain-as-power-crunch-drives-up-feed-costs-financial.md) | -0.5% | -16.4% |
| HOGS | 2020-05-13 | [How to adjust hog rations for today's needs](https://feedsoft.ai/events/53475-how-to-adjust-hog-rations-for-today-s-needs.md) | -9.1% | -26.2% |

## Sources

- reuters.com: https://www.reuters.com/world/us/some-us-meat-plants-stop-operating-after-jbs-cyber-attack-2021-06-01/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.