Current Cattle Market Daily Headlines : Monday Evening, April 27, 2020

by | Apr 27, 2020 | 0 comments

 

Choice boxed beef sets record

nationalbeefwire.com

  • $311.84

 

Tyson Foods releases full-page ad in the New York Times

cnn.com

  • Warning people that the food supply chain is breaking.
  • Tyson roughly employs 100,000 workers
  • Tyson closed it’s pork plants in Waterloo, IA and Logansport, IN so workers could be tested.
  • Pork processing plants have been hit incredibly hard since Covid-19; 3 of the largest going offline indefinitely.
    • JBS Pork Processing in Worthington, MN
    • Smithfield Foods in Sioux Falls, SD
    • Tyson Plant in Waterloo, IA
      • These plants combine to make up 15% of pork production.

South Dakota’s Gov. Kristi Noem, plans to reopen Smithfield Foods ‘in a matter of days’

  • Noem stated in an interview with Foxs’ Ed Henry, Noem claimed that she thinks the plant can open back up within a few days.
  • Over 800 people at Smithfield Foods plant in Sioux Falls, SD have tested positive for Covid-19. This makes the plant the largest hotbed for the virus in all of the United States.
  • Noem has yet to issues a statewide stay-at-home order. SD is one of the five holdout states; Arkansas, Iowa, Nebraska, and North Dakota.

JBS closes its Green Bay, WS plant

https://www.drovers.com/article/green-bay-jbs-plant-linked-almost-150-covid-19-cases

  • Employs 1,200 people. Linked to 189 cases of the illness.
  • JBS will continue to pay it’s employees while the plant is closed down.
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From the Holcomb Tyson fire to COVID-19;
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