Cattle producers concerned about effects from Tyson fire
Share
Tweet
August 14, 2019
HOLCOMB, Kan. (AP) — A fire which indefinitely closed a Tyson meat processing plant in Holcomb could disrupt already strained processing operations, sparking fears from cattle producers who braced for tumbling market prices.
Tyson has said it will reopen the plant but the timeline will depend on the extent of the damage.
Industry experts said the Holcomb plant processes about 6,000 cattle a day — about 6% of all the cattle processed in the U.S., The Topeka Capital-Journal reports . In the first day of trading since Friday night's fire, cattle futures on Monday dropped $3 per hundred pounds, th...
For access to this article please
sign in or
subscribe.
Reader Comments(0)