
The Tyson Foods Finney County beef plant in Holcomb, Kansas, was partly destroyed by fire on August 10, and cattle futures fell limit down on the Monday after. Analysts estimated the lost slaughter capacity at roughly 30,000 head per week, about 6% of U.S. fed cattle packing capacity.
The plant accounted for about 23.5% of Kansas fed cattle packing capacity.
The loss of weekly slaughter capacity disrupts both fed cattle and boxed beef markets, adding logistics costs for rerouting cattle and beef. Those costs and the shortfall in packing capacity weigh on live cattle and feeder cattle prices.
Setelah 29 peristiwa logistik bearish sebelumnya, Sapi Hidup bergerak median -0,3% selama 5 sesi (38% lebih tinggi; separuh tengah -2,0% sampai +0,5%), dan -3,7% selama 20 sesi.
Setelah 20 peristiwa logistik bearish sebelumnya, Sapi Bakalan bergerak median +1,3% selama 5 sesi (60% lebih tinggi; separuh tengah -0,7% sampai +2,0%), dan +2,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
The Aug 10 Tyson Holcomb plant fire removed roughly 6% of U.S. fed cattle packing capacity, cutting demand for cattle and sending futures limit down on Monday Aug 12, which directly explains the feeder cattle drop.
Tyson Holcomb fire removed roughly 6% of US fed cattle packing capacity, and live cattle futures went limit down, which directly explains the 5-day drop.
The Aug 10 Tyson Holcomb plant fire removed roughly 6% of US fed cattle packing capacity, and futures went limit down on Monday Aug 12, so reduced slaughter demand for live cattle explains the drop.
The Tyson Holcomb plant fire removed roughly 6% of U.S. fed cattle packing capacity, which cut packer demand for cattle and pushed futures limit down, so feeder cattle fell sharply.