Name: EP 2918-6PM 16 FIRES HAVE BROKEN OUT AT FOOD PROCESSING PLANTS IMPACTING SUPPLY OF BEEF & POULTRY
Uploaded: 2022-04-26T03:47:27+00:00
Duration: 2 h 58 min 43 s
Description: EP 2918-6PM 16 FIRES HAVE BROKEN OUT AT FOOD PROCESSING PLANTS IMPACTING SUPPLY OF BEEF & POULTRY The fires began showing up regularly in the news after a fire closed a Tyson Foods meat processing pla

3 years ago

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Pete Santilli Fires Processing Plants

EP 2918-6PM 16 FIRES HAVE BROKEN OUT AT FOOD PROCESSING PLANTS IMPACTING SUPPLY OF BEEF & POULTRY

The fires began showing up regularly in the news after a fire closed a Tyson Foods meat processing plant in Kansas. The location was a primary beef processing location for the company and the U.S. supply chain, providing about 6% of U.S. beef. After the fire, analysts began speculating that the impact could drive up market prices for meat nationwide. Dan Norcini, part of the beef and poultry trading markets, said the cattle market would likely “respond negatively” to news of the fire. He said the long-term impact would depend on how long the plant stays closed.

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