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Kay’s Cuts: US meat packers recovery
(Wednesday, 22 July 2020 - Beef Central)

United States beef packers are being investigated by the USDA, the US Justice Department and others for any illegal market behavior when the COVID-19 pandemic caused the US processing industry to virtually shut down for two months back in April. Fed cattle prices fell sharply at the time, as slaughter-ready cattle backed up following a wave of temporary closures, while retail meat prices moved sharply in the opposite direction. How startling, then, that US packers have performed a minor miracle by returning to full production levels by mid-June.

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Link: https://www.beefcentral.com/news/kays-cuts-us-meat-packers-perform-a-minor-miracle/

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