The COVID-19 Pandemic affects more of the country on a daily basis, forcing the closure or slowdown of packing plants, and impacting producer’s bottom lines. Here’s the latest around the beef industry.
USDA released Wednesday the long-awaited report on its investigation into cattle market disruptions following last year’s Tyson Foods packing plant fire and this spring’s impact from the coronavirus pandemic.
The U.S. and global economy is in uncharted waters. There are many unknowns about the timing, severity and aftermath of the disease. For beef, there are longer-term questions about the overall impact on demand.