Market Disruptions From Tyson Plant Fading Away

Market Disruptions From Tyson Plant Fading Away

Posted: Updated:

It has been seven weeks since the Holcomb, Kansas, Tyson plant fire and cattle futures markets are mostly back to business as usual. That's according to Oklahoma State University economist Dr. Darren Peel. He says the fire caused a dramatic ripple effect from the loss of fresh beef in the wholesale market.

In response, The choice boxed cutout jumped more than $23 to $239.87 at its peak. But the cash feeder market dropped on long-term uncertainty with fed cattle taking the biggest hit, falling $12.30 to a low of $100.07.

While future prices have returned to more normal, more seasonal levels analysts note that the growing spread between packers and producers is still a major concern.

  • NEWSMore>>

  • Tough Draw premieres Sage Kimzey profile

    Tough Draw premieres Sage Kimzey profile

    Monday, December 9 2019 8:14 PM EST2019-12-10 01:14:32 GMT

    Five-time bull riding world champion, Sage Kimzey, take a look back at his 2018 PRCA Las Vegas ride as he shoot for his 6th world title.

    Five-time bull riding world champion, Sage Kimzey, take a look back at his 2018 PRCA Las Vegas ride as he shoot for his 6th world title.

  • Orphan mountain lion cub ‘feistier every day’ at Oakland Zoo

    Orphan mountain lion cub ‘feistier every day’ at Oakland Zoo

    Monday, December 9 2019 5:28 PM EST2019-12-09 22:28:51 GMT
    AP Photo (Oakland Zoo)AP Photo (Oakland Zoo)
    AP Photo (Oakland Zoo)AP Photo (Oakland Zoo)

    OAKLAND, Calif. (AP) — An ailing mountain lion cub rescued last month along with two siblings that died is recovering at the Oakland Zoo and has found a permanent home in Texas, zoo officials said Monday.

    OAKLAND, Calif. (AP) — An ailing mountain lion cub rescued last month along with two siblings that died is recovering at the Oakland Zoo and has found a permanent home in Texas, zoo officials said Monday.

  • Ice bucket challenge inspiration Pete Frates dies at 34

    Ice bucket challenge inspiration Pete Frates dies at 34

    Monday, December 9 2019 5:24 PM EST2019-12-09 22:24:04 GMT
    (AP Photo/Bill Sikes, File)(AP Photo/Bill Sikes, File)
    (AP Photo/Bill Sikes, File)(AP Photo/Bill Sikes, File)
    BOSTON (AP) — Pete Frates, a former college baseball player whose battle with Lou Gehrig’s disease helped inspire the ALS ice bucket challenge that has raised more than $200 million worldwide, died Monday. He was 34. Frates died peacefully, surrounded by his family, they said in a statement. “A natural born leader and the ultimate teammate, Pete was a role model for all, especially young athletes, who looked up to him for his bravery and unwavering positive spirit ...
    BOSTON (AP) — Pete Frates, a former college baseball player whose battle with Lou Gehrig’s disease helped inspire the ALS ice bucket challenge that has raised more than $200 million worldwide, died Monday. He was 34. Frates died peacefully, surrounded by his family, they said in a statement. “A natural born leader and the ultimate teammate, Pete was a role model for all, especially young athletes, who looked up to him for his bravery and unwavering positive spirit ...
Powered by Frankly
All content © Copyright 2000 - 2019 Frankly and RFDTV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service , and Ad Choices .