# Covid-19 creates challenges for the cattle industry | TSLN.com

> Fat cattle are reported to be worth $140 to $300 less than in January due to COVID-19. Tyson announced it would pay $5 per cwt above the agreed price for cattle slaughtered the week of March 23, after boxed beef rose about $42/cwt, and cattlemen are pressing for packer investigations.

- Date: 2020-03-20 · published 2020-03-20T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/54263-covid-19-creates-challenges-for-the-cattle-industry-tsln-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Packer premium payments and a sharp boxed beef rally improve cash cattle values for the week, but overall fat cattle prices remain well below January levels and weigh on feeder demand.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2020-03-23 | 1 | +2.7% | 3.2 | Tyson's $5/cwt premium for cattle slaughtered the week of March 23 and the roughly $42/cwt boxed beef surge improved packer demand and cash-market sentiment, supporting futures. |
| FCATTLE | 2020-03-23 | 5 | +15.7% | 5.1 | Tyson's $5/cwt premium for the week of March 23 and a large boxed beef rise signaled packer demand, supporting the rebound in cattle prices. |
| LCATTLE | 2020-03-23 | 5 | +7.9% | 3.9 | Tyson's $5/cwt premium for cattle and the boxed beef surge improved packer demand and sentiment for fed cattle. |

## Sources

- tsln.com: https://www.tsln.com/news/covid-19-craze/

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