# Markets see major movement after Tyson plant fire - Progressive Cattle | Ag Proud

> Tyson closed its Holcomb, Kansas beef plant indefinitely after a fire, which accounts for about 6% of US processing capacity and roughly 6,000 head slaughtered per day. Tyson said no injuries were reported and it would keep paying weekly wages to full-time employees. Choice boxed beef prices jumped 10.3%, according to Oklahoma State economist Derrell Peel.

- Date: 2019-08-21 · published 2019-08-21T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/57734-markets-see-major-movement-after-tyson-plant-fire-progressive-cattle-ag-proud
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Losing this slaughter capacity leaves fewer packer bids for fed cattle, which pressures live and feeder cattle prices. Higher boxed beef values reflect the tighter supply of beef reaching retail and wholesale channels.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-08-13 | [Cattle futures sink to multiyear lows as Tyson plant fire hangs over market \| Financial Post](https://feedsoft.ai/events/7604-cattle-futures-sink-to-multiyear-lows-as-tyson-plant-fire-hangs-over-market.md) | -4.8% | -9.9% |
| 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% |
| LCATTLE | 2025-11-24 | [Tyson Foods to close major US beef plant as cattle supplies dwindle](https://feedsoft.ai/events/6868-tyson-foods-to-close-major-us-beef-plant-as-cattle-supplies-dwindle.md) | +1.3% | +5.8% |
| LCATTLE | 2019-08-28 | [USDA to probe beef market after Tyson Foods slaughterhouse fire](https://feedsoft.ai/events/10900-usda-to-probe-beef-market-after-tyson-foods-slaughterhouse-fire.md) | -3.3% | -3.7% |
| LCATTLE | 2019-08-30 | [Beef Market Update: Tyson plant fires still playing a role in cash market - RealAgriculture](https://feedsoft.ai/events/10906-beef-market-update-tyson-plant-fires-still-playing-a-role-in-cash-market.md) | -4.4% | -3.7% |
| FCATTLE | 2019-08-13 | [Cattle futures sink to multiyear lows as Tyson plant fire hangs over market \| Financial Post](https://feedsoft.ai/events/7604-cattle-futures-sink-to-multiyear-lows-as-tyson-plant-fire-hangs-over-market.md) | +0.9% | -0.4% |
| FCATTLE | 2019-08-15 | [‘Significant’ market impacts expected after Tyson fire](https://feedsoft.ai/events/7607-significant-market-impacts-expected-after-tyson-fire.md) | +2.2% | +1.8% |
| FCATTLE | 2025-11-24 | [Tyson Foods to close major US beef plant as cattle supplies dwindle](https://feedsoft.ai/events/6868-tyson-foods-to-close-major-us-beef-plant-as-cattle-supplies-dwindle.md) | +4.7% | +7.1% |

## Sources

- agproud.com: https://www.agproud.com/articles/54036-markets-see-major-movement-after-tyson-plant-fire

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