Laden…
A fire broke out in the box shop of a Tyson Foods beef plant in Holcomb, Kansas, on Friday night, with no injuries reported. The company is shifting processing to other Kansas plants during rebuilding, and cattle markets fell Monday and Tuesday on processing capacity concerns.
The Kansas Livestock Association estimated the plant processes about 6,000 head per day.
Rerouting cattle to other plants strains regional packing capacity and raises logistics costs for fed cattle. Lower processing capacity adds downside pressure on live cattle prices.
agri-pulse.comChloé Fowler14 aug 2019Na 29 eerdere neerwaarts logistiek-gebeurtenissen bewoog Slachtvee (levend) zich mediaan -0,3% over 5 sessies (38% hoger; middelste helft -2,0% tot +0,5%), en -3,7% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
Markets fell Monday and Tuesday on processing capacity concerns as Tyson shifted processing to other plants, so lost demand for fed cattle drove prices lower.
It confirms the Friday night fire, the shift of processing to other plants, and the Monday market decline on capacity concerns, though it was published after the move.
