Loading…
An analysis of US beef packing capacity shows large plants' share of federally inspected slaughter is roughly unchanged since 1999. Packing plant closures and rising cattle inventories have brought capacity into better balance with supply.
Structural packing trends do not shift near-term feed demand or prices, so the impact on feed markets is minimal.
farmprogress.comLee SchulzJun 6, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
