# Fire fight: Negotiated cash trade and price discovery

> Nevil Speer examines price discovery after the fire at Tyson's Holcomb beef plant, which pushed the fed market down to about $100 in the fall. Negotiated cash trade fell to 13% of volume in September and has since hovered near 20%. Concerns persist that thin cash trade favors packers.

- Date: 2020-01-21 · published 2020-01-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55222-fire-fight-negotiated-cash-trade-and-price-discovery
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Thin negotiated trade adds uncertainty to cash cattle pricing, which affects feeder valuations and the appetite for feed.

## Read by commodity

- LCATTLE: neutral

## Sources

- beefmagazine.com: https://www.beefmagazine.com/market-news/fire-fight-negotiated-cash-trade-and-price-discovery

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