# Processing issues corral cattle prices, drive wholesale spike | Profitability | farmweeknow.com

> A fire at Tyson's beef plant in Holcomb, Kansas, on August 9 temporarily shut the facility, which accounted for about 6% of U.S. fed cattle packing capacity. Cattle futures and cash fed cattle fell $5 to $9 per hundredweight in the days after the fire, while wholesale beef cutout rose about $20.

- Date: 2019-08-23 · published 2019-08-23T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/57718-processing-issues-corral-cattle-prices-drive-wholesale-spike-profitability
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lost packing capacity cut demand for fed cattle and pushed down live cattle prices, while boxed beef prices rose and widened packer margins. Lower cattle prices are bearish for feeder and fed cattle values until processing capacity is restored.

## Read by commodity

- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2026-05-22 | [Cattle futures fall amid placement, processing concerns \| Western Livestock Journal](https://feedsoft.ai/events/5387-cattle-futures-fall-amid-placement-processing-concerns-western-livestock-journal.md) | -0.3% | -0.2% |
| LCATTLE | 2021-09-15 | [Feeder Cattle Price Seasonality \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/45197-feeder-cattle-price-seasonality-ohio-beef-cattle-letter.md) | -1.0% | -0.4% |
| 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 | 2024-09-30 | [Cattle mixed ahead of possible port strike - CME
						 \| The Cattle Site](https://feedsoft.ai/events/28431-cattle-mixed-ahead-of-possible-port-strike-cme-the-cattle-site.md) | +1.5% | +2.6% |
| 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% |

## Sources

- farmweeknow.com: https://www.farmweeknow.com/profitability/processing-issues-corral-cattle-prices-drive-wholesale-spike/article_f67c09a0-00c9-11ea-9321-6bd3d6da3360.html

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