# USDA investigation shows cattle markets work

> A USDA AMS investigation found that cattle and beef prices reacted as expected to the Tyson Holcomb plant fire and the COVID-19 disruption. The report does not examine potential Packers and Stockyards Act violations, and that investigation is continuing.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/51240-usda-investigation-shows-cattle-markets-work
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The finding removes some regulatory uncertainty around packer margins but does not change near-term supply or feed demand for cattle.

## Read by commodity

- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-07-22 | [USDA Releases Report on Boxed Beef and Fed Cattle Price Investigation](https://feedsoft.ai/events/52238-usda-releases-report-on-boxed-beef-and-fed-cattle-price-investigation.md) | -0.0% | +6.9% |
| LCATTLE | 2026-07-28 | [USDA Reports Provide Insight into Cattle Markets \| Newsline \| American Farm Bureau Federation](https://feedsoft.ai/events/18487-usda-reports-provide-insight-into-cattle-markets-newsline-american-farm-bureau.md) | +1.9% | -2.3% |
| LCATTLE | 2020-05-21 | [Russia News Boosts Wheat Markets - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/53172-russia-news-boosts-wheat-markets-ag-information-network-of-the-west.md) | +3.3% | -4.5% |
| LCATTLE | 2017-11-20 | [Cattle on Feed Continues Strong Placements \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/68133-cattle-on-feed-continues-strong-placements-farm-bureau-intel-markets-american.md) | -1.1% | -0.8% |
| LCATTLE | 2020-03-20 | [Market confusion overshadows cattle report \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/54266-market-confusion-overshadows-cattle-report-livestock-farmweeknow-com.md) | +5.8% | -2.0% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/usda-investigation-shows-cattle-markets-work

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