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Sun Aug 18, 2019, 04:06 PM

Tyson beef plant fire will be historically significant to beef producers

Although Tyson has announced they will rebuild the beef harvesting facility in Holcomb, Kan., the shuttering of the plant after a fire Aug. 9 caused disruption in the market to the tune of limit down on Monday and Tuesday.

“It’s a disaster. This is our tsunami,” said Herreid, S.D., cattle feeder Herman Schumacher.

Recalling specific moments throughout history when the market crashed — Nixon’s 1973 beef “freeze,” the 1986 dairy buyout and the 2003 BSE cow — Schumacher said there was a common element with each market crash. Beef got cheaper for the consumer. “The product reflected the cattle market,” Schumacher said.

Last week’s activity didn’t follow suit — according to Schumacher, the reported price for a choice carcass went up almost $200 per carcass while the active bidding for a finished steer went from about $1.84 per pound “in the beef” to about $1.70 per pound, or a drop of about $130 per head.

Read more: https://www.thefencepost.com/news/tyson-beef-plant-fire-will-be-historically-significant-to-beef-producers/

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Reply Tyson beef plant fire will be historically significant to beef producers (Original post)
TexasTowelie Aug 18 OP
abqtommy Aug 18 #1
Merlot Aug 18 #2
rzemanfl Aug 18 #3

Response to TexasTowelie (Original post)

Sun Aug 18, 2019, 04:12 PM

1. Instead of "beef harvesting facility"

I read "slaughterhouse". Spin much?

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Response to abqtommy (Reply #1)

Sun Aug 18, 2019, 04:17 PM

2. No, see, they actually "harvest" the beef from beef plants.

No actual cows were slaughtered for your diining pleasure.

Actually, my first thought was were their live cows in the plant when it caught fire? Slaughter is bad enough, burning to death is to horrible.

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Response to abqtommy (Reply #1)

Sun Aug 18, 2019, 05:38 PM

3. I will separate dirt from my socks now. BBL. n/t

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