Concerns remain in wake of beef plant shutdown
August 26, 2019 By Ken Anderson Filed Under: Livestock, Nebraska, News
The initial shock to the cattle market from the Kansas beef plant fire and shutdown has subsided, but producer concerns remain.
Mike Drinnin, a Nebraska cattle feeder and president of the Nebraska Cattlemen’s organization, says the situation has created a lot of uncertainty.
“The biggest concern is that the cost was bore upon the producers themselves—and that’s what really hurts in an industry right now that’s been in a lot of pain,” Drinnin says. “It’s been tough. It’s been real tough.”
Drinnin says the plant shutdown comes a critical time, especially for cow-calf producers.
“If there’s a lot of uncertainty in this market when they start to sell their calf crop coming up here—and that’s their one crop a year—it’s really important,” he says.
Nebraska Farm Bureau is urging the USDA to keep a close eye on cattle markets in the wake of plant shutdown. Farm Bureau has sent a letter to USDA Under Secretary Greg Ibach asking that “any anti-competitive activities be investigated and prosecuted to the fullest extent of the law”.
Tyson hasn’t said when the plant will reopen but has indicated it could take months.
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