Dan’s Cow-Calf Corner Packing Plant Fire Disruptions Fading, Part 2

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — The August 8, 2019 fire that shut down the Tyson beef packing plant in Finney County, Kansas provoked significant reactions in cattle and beef markets. Markets typically provide strong price responses to a shock such as this in order to initiate actions that repair the market disruption. The fire caused an immediate loss of fresh beef product into wholesale beef markets which left a variety of beef buyers scrambling to find product and for Tyson to meet contractual obligations. As a result spot boxed beef prices jumped sharply the…

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