Beef exports were down 9.0 percent in October compared to last year, contributing to a 4.2 percent year over year decrease in beef exports for the first ten months of 2019.
The fire at Tyson’s beef plant was much like throwing a rock into a pond resulting in a big initial splash and ripple effects spreading in all directions. The initial splash included a dramatic set of market reactions.
Total federally-inspected beef production was 12.1 billion pounds in the first 24 weeks of 2019, up just 0.7 percent from the same period last year. That is an average production of 502.4 million pounds per week.
