# Reduced production affects cattle markets

> Cattle markets saw mostly light cash trade as some processing plants slowed production during the pandemic. An University of Tennessee economist says packers need fewer cash cattle purchases, and plant slowdowns reduce the need for cash cattle. The article's text is partially garbled in the source.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/53775-reduced-production-affects-cattle-markets
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Slower packing plant throughput cuts packer demand for cash cattle, which pressures fed cattle prices and widens the gap between cash and futures.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-08-21 | [Markets see major movement after Tyson plant fire - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/57734-markets-see-major-movement-after-tyson-plant-fire-progressive-cattle-ag-proud.md) | +1.6% | -4.3% |
| LCATTLE | 2019-08-14 | [Tyson plant fire affects workers and production \| 2019-08-12 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/7611-tyson-plant-fire-affects-workers-and-production-2019-08-12-agri-pulse-agri.md) | -2.0% | -7.0% |
| LCATTLE | 2019-08-30 | [LIVESTOCK-CME Cattle Futures Decline as USDA Launches Probe into Beef Market \| Advanced Economic Solutions](https://feedsoft.ai/events/10032-livestock-cme-cattle-futures-decline-as-usda-launches-probe-into-beef-market.md) | -4.4% | -3.7% |
| LCATTLE | 2019-08-18 | [Cattle Current Weekly Highlights—Week ending Aug. 16, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/10653-cattle-current-weekly-highlights-week-ending-aug-16-2019-cattle-current-market.md) | -0.3% | -5.7% |
| 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% |

## Sources

- agupdate.com: https://agupdate.com/missourifarmertoday/markets/livestock/article_3e1432ea-8402-11ea-9f5c-87d40a5e5937.html

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