Agriculture Roundup for Tuesday August 20, 2019
A fire that shut down a Tyson packing plant in Kansas earlier this month will have an effect in Canada.
Canfax Senior Analyst Brian Perillat said the loss of packing capacity will push prices lower in the U.S. and Canadian prices will likely be affected as well.
CattleFax CEO Randy Blac told the recent Canada Beef Industry conference in Calgary the Tyson plant accounted for six per cent of the total U.S. fed cattle packing capacity.
Blac’s presentation said that if the major plants in the Texas Panhandle, Kansas, Nebraska, Colorado and Iowa replace the Kansas plant’s capacity they would need to slaughter 8.2 per cent more cattle per week.


