# COVID-19 Disruptions in the U.S. Meat Supply Chain
        
        
        
        - Federal Reserve Bank of Kansas City

> A Kansas City Fed analysis describes how COVID-19 outbreaks at meatpacking plants from April to June closed or slowed many beef and pork facilities, cutting meat output. The disruptions created oversupply for livestock producers and higher retail prices, and shifts from foodservice to retail created logistical strain.

- Date: 2020-07-31 · published 2020-07-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/52237-covid-19-disruptions-in-the-u-s-meat-supply-chain-federal-reserve-bank-of
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lingering processing capacity shortfalls and shifting demand channels keep the spread between live cattle and wholesale beef volatile, affecting cattle and hog margins.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-03-31 | [Cattle industry feels effects of COVID-19 pandemic](https://feedsoft.ai/events/6442-cattle-industry-feels-effects-of-covid-19-pandemic.md) | -11.3% | -16.4% |
| LCATTLE | 2020-04-21 | [COVID-19 infects nearly all commodity prices \| Capital Press](https://feedsoft.ai/events/6503-covid-19-infects-nearly-all-commodity-prices-capital-press.md) | -7.4% | +7.7% |
| LCATTLE | 2020-04-30 | [Estimating COVID-19 effects on the cattle markets - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/53773-estimating-covid-19-effects-on-the-cattle-markets-progressive-cattle-ag-proud.md) | +3.2% | +19.4% |
| LCATTLE | 2020-03-13 | [Taking it on the chin: Uncertainty drops markets \| TheFencePost.com](https://feedsoft.ai/events/5170-taking-it-on-the-chin-uncertainty-drops-markets-thefencepost-com.md) | -4.4% | -4.0% |
| LCATTLE | 2020-01-01 | [Cattle market shaken by COVID-19](https://feedsoft.ai/events/55236-cattle-market-shaken-by-covid-19.md) | +1.5% | -0.4% |
| HOGS | 2020-04-03 | [Grim reality of severe global economic recession slams meat industry
						 \| The Pig Site](https://feedsoft.ai/events/6602-grim-reality-of-severe-global-economic-recession-slams-meat-industry-the-pig.md) | -9.7% | +13.2% |
| HOGS | 2020-04-21 | [COVID-19 infects nearly all commodity prices \| Capital Press](https://feedsoft.ai/events/6503-covid-19-infects-nearly-all-commodity-prices-capital-press.md) | +22.7% | +39.4% |
| HOGS | 2020-01-01 | [Cattle market shaken by COVID-19](https://feedsoft.ai/events/55236-cattle-market-shaken-by-covid-19.md) | -0.9% | -2.8% |

## Sources

- kansascityfed.org: https://www.kansascityfed.org/agriculture/COVID-19-US-Meat-Supply-Chain/

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