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How will markets respond this week to ICE Raids.
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JonSCKs
Posted 6/15/2025 19:29 (#11263045 - in reply to #11262754)
Subject: Look to Covid and the cattle market.


Usetobe dental asst - 6/15/2025 18:41

You're really reaching inserting this into market talk. I'm not saying the markets aren't affected by any of this, but don't make yourself look like an idiot not knowing this belongs in TPP.


not a reach at all.. look at Covid and the cattle market.

https://pmc.ncbi.nlm.nih.gov/articles/PMC9757989/

Fig. 4 depicts the percentage change in weekly national FI slaughter of steers and heifers for 2020 versus 2019, utilizing the SJ_LS713 report. Slaughter volumes at the start of 2020 averaged about 5% higher than 2019 levels, peaking to 14% higher for the week ending March 28. Impacts of the COVID-19 pandemic on beef processing plants and cattle processing began in early April with FI slaughter numbers quickly falling to 41% below that of 2019 by the week ending May 2 as temporary plant-shutdowns and reductions in operating capacity went into effect. From the weeks ending April 11 to May 30, FI steer and heifer slaughter numbers averaged 26% lower than 2019 levels for the same time period. Steer and heifer slaughter during this 8-week time period was 1.08 million head lower in 2020 relative to 2019. These reductions correspond to a backlog of nearly two weeks of typical cattle slaughter for that time of year, creating substantial strain on supply chains (Lusk, Tonsor, and Schulz, 2020).





Edited by JonSCKs 6/15/2025 19:31
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